Published: 2020-05-08 08:33:04 CEST
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities (Green Bonds)

The Government Securities auction of additional offers will be held on May 18, 2020. 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 Green Bond
ISIN code LT0000610305
Volume of issue before auction of additional offers 40 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 2 905
Payment date 2020-05-20
Redemption date 2028-05-03
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, %) 1,2%
Number of coupons per year 1
Coupon payment dates 2019-05-03;
2020-05-03;
2021-05-03;
2022-05-03;
2023-05-03;
2024-05-03;
2025-05-03;
2026-05-03;
2027-05-03;
2028-05-03.
A competitive orderbook LTGGCB12028A
A non-competitive orderbook LTGGNB12028A

 

Please note that on May 18, 2020 the Ministry of Finance of the Republic of Lithuania will tap Green Bonds issue LT0000610305. Borrowed funds will be used to finance multi-apartment buildings modernization to help improve energy efficiency and reduce heating costs.

 

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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