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Published on 5/31/2016 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania auctions €25 million government securities due 2019 at 0.041%

By Tali Rackner

Norfolk, Va., May 31 – Lithuania auctioned €25 million of zero-coupon government securities due June 1, 2019 on Monday, according to a notice.

The weighted average accepted yield was 0.041%. The minimum offer yield was 0.02%, and the maximum accepted yield was 0.05%.

The total volume of competitive bids was €81,435,000, and the total amount of non-competitive bids was €2.5 million.

Issuer:Lithuania
Amount:€25 million
Redemption date:June 1, 2019
Description:Government securities
Coupon:0%
Average accepted yield:0.041%
Auction date:May 31
Settlement date:June 1

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