Published: 2020-10-23 11:55:19 CEST
Nasdaq Vilnius
Announcement from the exchange

Primary placement auction of Lithuanian Government securities

The Government Securities auction of additional offers will be held on 2020-11-03. 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 525 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1 014
Payment date 2020-11-05
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

*except where the participant submits an order from the Ministry of Finance of the Republic of Lithuania.

 

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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