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Lithuanian FinMin redeems USD 200 mln worth of bonds early
BC, Vilnius, 26.10.2016.
Print version
Print versionhe Lithuanian Finance Ministry has redeemed bonds with a face value of 200 mln US dollars prior to maturity in the secondary market, informs LETA/BNS.
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The early-redeemed bonds are part of a 2-bln -dollar bond
issue placed in international markets in February 2010. The size of the issue
has now declined to 1.8 bln dollars. The
bonds pay an annual coupon of 7.375% and mature in February 2010.
The Finance Ministry used funds raised through the placement
of a 20-year, 450-million-euro Eurobond on Sept. 15, 2016. The bond was issued
at a yield of 1.132% and carries a 2.125% coupon.
The Lithuanian central government sector's debt stood at
15.058 bln euros at the end of
September, accounting for 39.4% of this year's projected GDP.
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