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Primary placement auction of Lithuanian Government securities

May 2, 2014

Vilnius, Lithuania, 2014-05-02 12:06 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on May 12, 2014. 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 LT0000602179 -------------------------------------------------------------------------------- Date issued 2014-05-02 -------------------------------------------------------------------------------- Volume of issue before auction of additional offers 40 m LTL -------------------------------------------------------------------------------- Volume of issue is set during auction -------------------------------------------------------------------------------- Currency of issue LTL -------------------------------------------------------------------------------- Nominal value, LTL 100 -------------------------------------------------------------------------------- Maturity, in days. 718 -------------------------------------------------------------------------------- Payment date 2014-05-15 -------------------------------------------------------------------------------- Redemption date 2016-05-02 -------------------------------------------------------------------------------- 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, %) 1,2 -------------------------------------------------------------------------------- Number of coupons per year 1 -------------------------------------------------------------------------------- Coupon payment dates 2015-05-02; 2016-05-02. -------------------------------------------------------------------------------- A competitive orderbook LTGCB12016D -------------------------------------------------------------------------------- A non-competitive orderbook LTGNB12016D -------------------------------------------------------------------------------- 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 Copyright © 2014 OMX AB (publ).

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Source: OMX

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