OREANDA-NEWS. March 15, 2016. The Government Securities auction of additional offers will be held on March 21, 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 LT0000650012
Issue start date 2015-05-27
Volume of issue before auction of additional offers 270 m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1 526
Payment date 2016-03-23
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 Vilnius AB.