Published: 2018-09-14 12:17:19 CEST
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities

Vilnius, Lithuania, 2018-09-14 12:17 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on September 24, 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 LT0000650046
Volume of issue before auction of additional offers 50 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1 785
Payment date 2018-09-26
Redemption date 2023-08-16
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) 0,4 %
Number of coupons per year 1
Coupon payment dates 2019-08-16;
2020-08-16;
2021-08-16;
2022-08-16;
2023-08-16.
A competitive orderbook LTGCB04023C
A non-competitive orderbook LTGNB04023C

 

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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