Vilnius, Lithuania, 2014-08-14 15:16 CEST (GLOBE NEWSWIRE) -- The Government Securities auction will be held on August 25, 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 | LT1000607010 |
| Volume of issue | is set during auction |
| Currency of issue | EUR |
| Nominal value, EUR | EUR 100 |
| Maturity, in days | 2557 |
| Payment date | 2014-08-28 |
| Redemption date | 2021-08-28 |
| The maximum volume of non-competitive bids, which may be submitted by one auction participant, EUR | EUR 579 200 |
| 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 | 2015-08-28; 2016-08-28; 2017-08-28; 2018-08-28; 2019-08-28; 2020-08-28; 2021-08-28. |
| A competitive orderbook | LTGCB00021A |
| A non-competitive orderbook | LTGNB00021A |
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.
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