Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2014-09-05 09:00 CEST (GLOBE NEWSWIRE) -- The Government Securities auction will be held on September 15, 2014. 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 LT1000607010
Date issued 2014-08-28
Volume of issue before auction of additional offers 10 m EUR
Volume of issue is set during auction
Currency of issue EUR
Nominal value, EUR EUR 100
Maturity, in days 2536
Payment date 2014-09-18
Redemption date 2021-08-28
The maximum volume of non-competitive bids, which may be submitted  by one auction participant, EUR EUR 579 200
The cut-off yield, % is not announced
Coupon rate (annual interest rate, %) 2,1
Number of coupons per year 1
Coupon payment dates 2015-08-28;
2016-08-28;
2017-08-28;
2018-08-28;
2019-08-28;
2020-08-28;
2021-08-28.
A competitive orderbook LTGCB21021A
A non-competitive orderbook LTGNB21021A

 

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.

 

NASDAQ OMX
Baltic Market
Transaction Services
+370 5 219 57 07
www.nasdaqomxbaltic.com

 

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