Primary placement auction of Lithuanian Government securities (Green Bonds)Vilnius, Lithuania, 2018-04-20 15:10 CEST --
The Government Securities auction will be held on April 30, 2018. 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 Green Bond |
|
ISIN code |
LT0000610305 |
|
Volume of issue |
Is set during auction |
|
Currency of issue |
EUR |
|
Nominal value, EUR |
100 |
|
Maturity, in days |
3 653 |
|
Payment date |
2018-05-03 |
|
Redemption date |
2028-05-03 |
|
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 |
|
Coupon rate (annual interest rate, %) |
is set during auction |
|
Number of coupons per year |
1 |
|
Coupon payment dates |
2019-05-03;
2020-05-03;
2021-05-03;
2022-05-03;
2023-05-03;
2024-05-03;
2025-05-03;
2026-05-03;
2027-05-03;
2028-05-03. |
|
A competitive orderbook |
LTGGCB00028A |
|
A non-competitive orderbook |
LTGGNB00028A |
Please note that on April 30th, 2018 the Ministry of Finance of the Republic of Lithuania will issue Green Bonds issue LT0000610305. Borrowed funds will be used to finance multi-apartment buildings modernization to help improve energy efficiency and reduce heating costs.
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 Vilnius AB.
Nasdaq Baltic
Transaction Services
+370 5 253 14 54
www.nasdaqbaltic.com
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