Primary placement auction of Lithuanian Government securities
The Government Securities (GS) auction will be held on October 17, 2011. 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 |
|
GS ISIN code |
LT0000605115 |
|
Volume of issue |
is set during auction |
|
Currency of issue |
LTL |
|
Nominal value, LTL |
100 |
|
Maturity, in days. |
1827 |
|
Payment date |
2011-10-20 |
|
Redemption date |
2016-10-20 |
|
The volume of satisfaction of non-competitive bids by par value, LTL |
24 000 000 |
|
The maximum volume of non-competitive bids, which may be submitted by one auction participant, LTL |
3 000 000 |
|
The cut-off yield, % |
is not announced |
|
Coupon rate (annual interest rate) |
is set during auction |
|
Number of coupons per year |
1 |
|
Coupon payment dates |
2012-10-20;
2013-10-20;
2014-10-20;
2015-10-20;
2016-10-20. |
|
A competitive orderbook |
LTGCB00016B |
|
A non-competitive orderbook |
LTGNB00016B |
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.
Market Services Department
Tel. +370 5 2724352
|