Primary placement auction of Lithuanian Government securities


Vilnius, Lithuania, 2019-01-03 15:11 CET (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on January 14, 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 LT0000610073
Volume of issue before auction of additional offers 185 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 3 022
Payment date 2019-01-16
Redemption date 2027-04-26
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) 1,1 %
Number of coupons per year 1
Coupon payment dates 2019-04-26;
2020-04-26;
2021-04-26;
2022-0426;
2023-04-26;
2024-04-26;
2025-04-26;
2026-04-26;
2027-04-26.
A competitive orderbook LTGCB11027A
A non-competitive orderbook LTGNB11027A

 

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.

 

Nasdaq Baltic
Transaction Services
+370 5 253 14 54
www.nasdaqbaltic.com



Nasdaq Baltic is a common name for exchanges, regulated markets, alternative First North markets operated by Nasdaq companies in the Baltic States, i.e. Nasdaq Tallinn AS, Nasdaq Riga AS and AB Nasdaq Vilnius.