CORRECTION: Primary placement auction of Lithuanian Government securities

Redemption date has been corrected.


Vilnius, Lithuania, 2016-06-21 12:29 CEST (GLOBE NEWSWIRE) -- The Government Securities auction will be held on June 27, 2016. 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 LT0000670010
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 2556
Payment date 2016-06-29
Redemption date 2023-06-29
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
Number of coupons per year 1
Coupon payment dates 2017-06-29;
2018-06-29;
2019-06-29;
2020-06-29;
2021-06-29;
2022-06-29;
2023-06-29.
A competitive orderbook LTGCB00023A
A non-competitive orderbook LTGNB00023A

 

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 Vilnius AB.

 

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