Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2015-04-10 14:14 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on April 20, 2015. Auction participants can submit competitive and non-competitive bids. The competitive bids shall be submitted in the order books of the VSE New Issue Yield market, whereas the non-competitive bids shall be placed in the order books of the VSE New Issue Yield Non market. The parameters of the emission to be issued shall be the following:

 

Type of security Lithuanian Government Bond
ISIN code LT1000610014
Volume of issue before auction of additional offers 55 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 2 320
Payment date 2015-04-22
Redemption date 2021-08-28
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, EUR 500 000
The cut-off yield, % is not announced
Coupon rate (annual interest rate) 2,1
Number of coupons per year 1
Coupon payment dates 2015-08-28;
2016-08-28;
2017-08-28;
2018-08-28;
2019-08-28;
2020-08-28;
2021-08-28.
A competitive orderbook LTGCB21021A
A non-competitive orderbook LTGNB21021A

 

The securities shall be redeemed by paying to their holders the total amount of par value. The paid up securities shall be admitted to the regulated market – to the Debt securities list of the NASDAQ OMX Vilnius AB.

 

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