Primary placement auction of Lithuanian Government securities


(MENAFNEditorial) Vilnius, Lithuania, 2017-11-17 16:39 CET (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on November 27, 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 LT0000630048 Volume of issue before auction of additional offers 245 m EUR Volume of issue Is set during auction Currency of issue EUR Nominal value, EUR 100 Maturity, in days 851 Payment date 2017-11-29 Redemption date 2020-03-29 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 % Number of coupons per year 1 Coupon payment dates 2018-03-29;
2019-03-29;
2020-03-29. A competitive orderbook LTGCB0N020C A non-competitive orderbook LTGNB0N020C

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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