Published: 2018-04-06 10:09:16 CEST
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities

Vilnius, Lithuania, 2018-04-06 10:09 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on April 16, 2018. 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 LT0000650038
Volume of issue before auction of additional offers 155 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1 623
Payment date 2018-04-18
Redemption date 2022-09-27
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) 0,3 %
Number of coupons per year 1
Coupon payment dates 2018-09-27;
2019-09-27;
2020-09-27;
2021-09-27;
2022-09-27.
A competitive orderbook LTGCB03022B
A non-competitive orderbook LTGNB03022B

 

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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