OREANDA-NEWS. March 21, 2016. The Government Securities auction of additional offers will be held on March 29, 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 LT0000630022
Issue start date 2015-09-30
Volume of issue before auction of additional offers 215m EUR
Volume of issue Is set during auction
Currency of issue EUR
Nominal value, EUR 100
Maturity, in days 1094
Payment date 2016-03-31
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.