12.10.2015, 01:09
VLN: Primary placement auction of Lithuanian Government securities
OREANDA-NEWS. October 12, 2015. The Government Securities auction of additional offers will be held on October 19, 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 | LT0000630022 |
Issue start date | 2015-09-30 |
Volume of issue before auction of additional offers | 44 m EUR |
Volume of issue | Is set during auction |
Currency of issue | EUR |
Nominal value, EUR | 100 |
Maturity, in days | 1256 |
Payment date | 2015-10-21 |
Redemption date | 2019-03-30 |
Coupon rate (annual interest rate) | 0,6 |
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 |
2016-03-30; 2017-03-30; 2018-03-30; 2019-03-30. |
A competitive orderbook | LTGCB06019C |
A non-competitive orderbook | LTGNB06019C |
The securities shall be redeemed by paying to their holders the total amount of par value.
The amount of first coupon payment for one security - EUR 0,30.
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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