OREANDA-NEWS. The Government Securities auction of additional offers will be held on October 31, 2016. 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 LT0000670010
Volume of issue before auction of additional offers 70 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 2429
Payment date 2016-11-03
Redemption date 2023-06-29
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), % 0,6
Number of coupons per year 1
Coupon payment dates 2017-06-29;
2018-06-29;
2019-06-29;
2020-06-29;
2021-06-29;
2022-06-29;
2023-06-29.
A competitive orderbook LTGCB06023B
A non-competitive orderbook LTGNB06023B

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.