Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2013-10-18 09:34 CEST (GLOBE NEWSWIRE) -- The Government Securities (GS) auction will be held on October 28, 2013.

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
GS ISIN code LT0000605149
Volume of issue is set during auction
Currency of issue LTL
Nominal value, LTL 100
Maturity, in days. 1 826
Payment date 2013-10-31
Redemption date 2018-10-31
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, LTL 2 000 000
The cut-off yield, % is not announced
Coupon rate (annual interest rate) is set during auction
Number of coupons per year 1
Coupon payment dates 2014-10-31;
2015-10-31;
2016-10-31;
2017-10-31;
2018-10-31.
A competitive orderbook LTGCB00018B
A non-competitive orderbook LTGNB00018B

 

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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