By Marisa Wong
Madison, Wis., Aug. 11 – Lithuania auctioned LTL 60 million of additional 3.7% government securities due 2019 at a weighted average accepted yield of 1.658% in a reopening of the bonds on Monday, according to a government announcement.
The minimum offered yield was 1.65%, and the maximum accepted yield was 1.69%.
The securities have a face value of LTL 100 each.
The settlement date for the reopened securities will be Aug. 14.
The total amount of competitive bids was LTL 103.19 million, and the amount of non-competitive bids submitted was LTL 5,483,000.
| Issuer: | Lithuania
|
| Issue: | Government securities
|
| Amount: | LTL 60 million
|
| Proceeds: | LTL 67,832,495
|
| Maturity: | Oct. 25, 2019
|
| Coupon: | 3.7%
|
| Weighted average yield: | 1.658%
|
| Auction date: | Aug. 11
|
| Settlement date: | Aug. 14
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
