Published: 2017-05-19 10:31:12 CEST
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities

Vilnius, Lithuania, 2017-05-19 10:31 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on May 29, 2017. 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 LT0000610073
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 100
Maturity, in days 3617
Payment date 2017-05-31
Redemption date 2027-04-26
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) 1,1 %
Number of coupons per year 1
Coupon payment dates 2018-04-26;
2019-04-26;
2020-04-26;
2021-04-26;
2022-0426;
2023-04-26;
2024-04-26;
2025-04-26;
2026-04-26;
2027-04-26.
A competitive orderbook LTGCB11027A
A non-competitive orderbook LTGNB11027A

 

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.

 

Nasdaq Baltic
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