OREANDA-NEWS. May 5, 2012. The Government Securities (GS) auction will be held on May 14, 2012. 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

LT0000610057

Volume of issue

is set during auction

Currency of issue

LTL

Nominal value, LTL

100

Maturity, in days.

3652

Payment date

2012-05-17

Redemption date

2022-05-17

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

2013-05-17;
2014-05-17;
2015-05-17;
2016-05-17;
2017-05-17;
2018-05-17;
2019-05-17;
2020-05-17;
2021-05-17;
2022-05-17.

A competitive orderbook

LTGCB00022A

A non-competitive orderbook

LTGNB00022A

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.