Primary placement auction of Lithuanian Government securities


The Government Securities (GS) auction of additional offers will be held on May 02, 2011. Auction participants can submit competitive and non-competitive bids. The competitive bids shall be submitted in the order books of the OMX VSE FI New Issue submarket, whereas the non-competitive bids shall be placed in the order books of the OMX VSE FI New Issue Non submarket. The parameters of the emission to be issued shall be the following:

Type of security Lithuanian Government Bond
GS ISIN code LT0000607053
Volume of issue is set during auction
Nominal value 100
Currency of issue LTL
Maturity, in days. 2519
Payment date 2011-05-05
Redemption date 2018-03-28
The volume of satisfaction of non-competitive bids by par value, LTL 24 000 000
The maximum volume of non-competitive bids, which may be submitted by one auction participant, LTL 3 000 000
The cut-off yield, % is not announced
Coupon rate (annual interest rate) 5.2
Number of coupons per year 1
Coupon payment dates 2012-03-28;
2013-03-28;
2014-03-28;
2015-03-28;
2016-03-28;
2017-03-28;
2018-03-28.
A competitive orderbook LTGCB00018A
Id=76161
A non-competitive orderbook LTGNB00018A
Id=76162

 
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.

 

Market Services Department
Tel. +370 5 2724352

 

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