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Published on 9/14/2015 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania auctions €40 million 0.7% bonds due 2020 at 0.969% yield

By Wendy Van Sickle

Columbus, Ohio, Sept. 14 – Lithuania auctioned €40 million of 0.7% government securities due May 27, 2020 on Monday, according to a notice.

The weighted average accepted yield was 0.969% with a minimum offered yield of 0.9% and a maximum accepted yield of 0.99%.

The total volume of competitive bids was €61,305,000, and the total amount of non-competitive bids was €2.4 million.

Issuer:Lithuania
Amount:€40 million
Redemption date:May 27, 2020
Description:Government securities
Coupon:0.7%
Average accepted yield:0.969%
Auction date:Sept. 14
Settlement date:Sept. 16

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