By Angela McDaniels
Tacoma, Wash., Aug. 22 - The Republic of Lithuania auctioned 40 million Lithuanian litai of two-year government securities with a 4.4% coupon, according to a government announcement.
The securities have a face value of LTL 100 each.
The weighted average accepted yield was 3.46%. The minimum offered yield was 3.39%, and the maximum accepted yield was 3.495%.
The total volume of bids received was LTL 60.19 million, including LTL 50.79 million of competitive bids and LTL 9.4 million of non-competitive bids. The turnover was LTL 40.79 million.
| Issuer: | Republic of Lithuania
|
| Issue: | Government securities
|
| Amount: | LTL 40 million
|
| Maturity: | Aug. 5, 2013
|
| Coupon: | 4.4%
|
| Weighted average yield: | 3.46%
|
| Auction date: | Aug. 22
|
| Settlement date: | Aug. 25
|
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