29.05.2015, 14:11
VLN: Primary placement auction of Lithuanian Government securities
OREANDA-NEWS. The Government Securities auction of additional offers will be held on June 08, 2015. 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 | LT0000650012 |
Issue start date | 2015-05-27 |
Volume of issue before auction of additional offers | 6 m EUR |
Volume of issue | Is set during auction |
Currency of issue | EUR |
Nominal value, EUR | 100 |
Maturity, in days | 1813 |
Payment date | 2015-06-10 |
Redemption date | 2020-05-27 |
Coupon rate (annual interest rate) | 0,7 |
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 |
Number of coupons per year | 1 |
Coupon payment dates |
2016-05-27; 2017-05-27; 2018-05-27; 2019-05-27; 2020-05-27. |
A competitive orderbook | LTGCB07020B |
A non-competitive orderbook | LTGNB07020B |
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 OMX Vilnius AB.
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