Financial Services, Investments, Lithuania

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2024, 12:27

Lithuanian FinMin raises EUR 14 mln in domestic bond auction

BC, Vilnius, 23.11.2015.Print version
The Lithuanian Finance Ministry on Monday raised 14 million euros by reopening an issue of five-year government securities, falling due in 1,645 days, at an average yield of 0.78%, informs LETA/BNS.

The five-year issue, launched on May 25, had been previously reopened on Oct. 26 with 25 million euros worth of securities sold at an average yield of 0.86%. Monday’s auction brings the total nominal size of the issue to 200 million euros.

 

At Monday’s auction, the lowest yield bid received was 0.76% and the highest yield accepted was 0.79%. The issue carries a coupon rate of 0.7%.

 

Bids worth 105.67 million euros in total were placed for the auction, including 102.42 million euros worth of competitive bids.

 

The issue matures on May 27, 2020.






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