VLN: Primary placement auction of Lithuanian Government securities
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|
|Issue start date||2015-09-30|
|Volume of issue before auction of additional offers||116m EUR|
|Volume of issue||Is set during auction|
|Currency of issue||EUR|
|Nominal value, EUR||100|
|Maturity, in days||1200|
|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||
|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 paid up securities shall be admitted to the regulated market – to the Debt securities list of the NASDAQ OMX Vilnius AB.