Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2015-08-28 14:26 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on September 7, 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 LT0000630014
Issue start date 2015-05-20
Volume of issue before auction of additional offers 174 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 984
Payment date 2015-09-09
Redemption date 2018-05-20
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) 0,3
Number of coupons per year 1
Coupon payment dates 2016-05-20;
2017-05-20;
2018-05-20.
A competitive orderbook LTGCB03018C
A non-competitive orderbook LTGNB03018C

 

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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