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Primary placement auction of Lithuanian Government securities

May 30, 2014

Vilnius, Lithuania, 2014-05-30 13:11 CEST (GLOBE NEWSWIRE) -- The Government Securities auction of additional offers will be held on June 09, 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 LT0000603276 -------------------------------------------------------------------------------- Volume of issue before auction of additional offers 315 m LTL -------------------------------------------------------------------------------- Volume of issue Is set during auction -------------------------------------------------------------------------------- Currency of issue LTL -------------------------------------------------------------------------------- Nominal value, LTL 100 -------------------------------------------------------------------------------- Maturity, in days. 991 -------------------------------------------------------------------------------- Payment date 2014-06-12 -------------------------------------------------------------------------------- Redemption date 2017-02-27 -------------------------------------------------------------------------------- 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) 1,5 -------------------------------------------------------------------------------- Number of coupons per year 1 -------------------------------------------------------------------------------- Coupon payment dates 2015-02-27; 2016-02-27; 2017-02-27. -------------------------------------------------------------------------------- A competitive orderbook LTGCB15017C -------------------------------------------------------------------------------- A non-competitive orderbook LTGNB15017C -------------------------------------------------------------------------------- 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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