Primary placement auction of Lithuanian Government securities


The Government Securities (GS) auction of additional offers will be held on March 12, 2012. 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 LT0000605115
Date issued 2011-10-20
Volume of issue before auction of additional offers, LTL 175 000 000
Volume of issue is set during auction
Currency of issue LTL
Nominal value 100
Maturity, in days. 1680
Payment date 2012-03-15
Redemption date 2016-10-20
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) 4.8
Number of coupons per year 1
Coupon payment dates 2012-10-20;
2013-10-20;
2014-10-20;
2015-10-20;
2016-10-20.
A competitive orderbook LTGCB48016B
A non-competitive orderbook LTGNB48016B

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