Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2015-10-09 17:28 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on October 19, 2015. 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 LT0000630022
Issue start date 2015-09-30
Volume of issue before auction of additional offers 44 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1256
Payment date 2015-10-21
Redemption date 2019-03-30
Coupon rate (annual interest rate) 0,6
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
Number of coupons per year 1
Coupon payment dates 2016-03-30;
2017-03-30;
2018-03-30;
2019-03-30.
A competitive orderbook LTGCB06019C
A non-competitive orderbook LTGNB06019C

 

The securities shall be redeemed by paying to their holders the total amount of par value.
The amount of first coupon payment for one security - EUR 0,30.
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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