Published: 2016-03-04 12:57:56 CET
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities

Vilnius, Lithuania, 2016-03-04 12:57 CET -- The Government Securities auction of additional offers will be held on March 14, 2016. 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 LT1000610014
Volume of issue before auction of additional offers 125 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 3 157
Payment date 2016-03-16
Redemption date 2024-11-06
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
Coupon rate (annual interest rate) 2,1
Number of coupons per year 1
Coupon payment dates 2016-11-06;
2017-11-06;
2018-11-06;
2019-11-06;
2020-11-06;
2021-11-06;
2022-11-06;
2023-11-06;
2024-11-06.
A competitive orderbook LTGCB21024A
A non-competitive orderbook LTGNB21024A

 

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 Vilnius AB.

 

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