Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2016-08-25 14:03 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on September 5, 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 before auction of additional offers 40 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 2486
Payment date 2016-09-07
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
Coupon rate (annual interest rate), % 0,6
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 LTGCB06023B
A non-competitive orderbook LTGNB06023B

 

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.

 

Nasdaq Baltic
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+370 5 253 14 54
www.nasdaqbaltic.com