03.02.2016, 00:11
VLN: Primary placement auction of Lithuanian Government securities
OREANDA-NEWS. February 03, 2016. The Government Securities auction of additional offers will be held on February 08, 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:
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 | 150m EUR |
Volume of issue | Is set during auction |
Currency of issue | EUR |
Nominal value, EUR | 100 |
Maturity, in days | 1144 |
Payment date | 2016-02-10 |
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 will be set to EUR 0,30.
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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