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Published on 7/25/2011 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania auctions €5 million of notes due 2013 to yield 2.748%

By Susanna Moon

Chicago, July 25 - The Republic of Lithuania auctioned €5 million of notes due Jan. 30, 2013 (Baa1/BBB/BBB) with a weighted average yield of 2.748%.

The minimum offered yield was 2.7% and the maximum accepted yield was 2.8%.

A total of €18,722,700 competitive orders were received and €2.8 million non-competitive orders.

Issuer:Republic of Lithuania
Amount:€5 million
Maturity:Jan. 30, 2013
Description:Notes
Price:Par
Weighted average yield:2.748%
Auction date:July 25
Settlement date:July 27
Ratings:Moody's: Baa1
Standard & Poor's: BBB
Fitch: BBB

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