Primary placement auction of Lithuanian Government securities
1/11/2013 3:49 AM EST
NASDAQ OMX Vilnius
Announcement from the exchange
Primary placement auction of Lithuanian Government securities
Vilnius, Lithuania, 2013-01-11 09:49 CET (GLOBE NEWSWIRE) -- The Government
Securities (GS) auction of additional offers will be held on January 21, 2013.
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 LT0000607061
--------------------------------------------------------------------------------
Date issued 2012-11-02
--------------------------------------------------------------------------------
Volume of issue before auction of additional offers, LTL 70 000 000
--------------------------------------------------------------------------------
Volume of issue is set during
auction
--------------------------------------------------------------------------------
Currency of issue LTL
--------------------------------------------------------------------------------
Nominal value, LTL 100
--------------------------------------------------------------------------------
Maturity, in days. 2 465
--------------------------------------------------------------------------------
Payment date 2013-01-24
--------------------------------------------------------------------------------
Redemption date 2019-10-25
--------------------------------------------------------------------------------
The maximum volume of non-competitive bids, which may be 2 000 000
submitted by one auction participant, LTL
--------------------------------------------------------------------------------
The cut-off yield, % is not announced
--------------------------------------------------------------------------------
Coupon rate (annual interest rate, %) 3,7
--------------------------------------------------------------------------------
Number of coupons per year 1
--------------------------------------------------------------------------------
Coupon payment dates 2013-10-25;
2014-10-25;
2015-10-25;
2016-10-25;
2017-10-25;
2018-10-25;
2019-10-25.
--------------------------------------------------------------------------------
A competitive orderbook LTGCB37019A
--------------------------------------------------------------------------------
A non-competitive orderbook LTGNB37019A
--------------------------------------------------------------------------------
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.
NASDAQ OMX
Baltic Market
Transaction Services
+370 5 219 57 07
http://www.nasdaqomxbaltic.com/