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Published on 9/1/2011 in the Prospect News Emerging Markets Daily.

Lithuania to auction more 4.9% notes due 2015 in reopening on Sept. 12

By Susanna Moon

Chicago, Sept. 1 - The Republic of Lithuania plans to auction additional 4.9% government securities due April 29, 2015 in a reopening of the bonds on Sept. 12, according to a government announcement.

The securities have a face value of LTL 100 each, and LTL 450 million of the bonds was issued on April 29, 2010.

The settlement date for the reopening is slated for Sept. 15.

The maximum amount of non-competitive bids submitted will be LTL 3 million.


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