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Published on 10/31/2016 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania auctions €5 million 0.6% government securities due 2023 at 0.255%

By Tali Rackner

Norfolk, Va., Oct. 31 – Lithuania auctioned €5 million of 0.6% government securities due June 29, 2023 on Monday, according to a notice.

The weighted average accepted yield was 0.255%. The minimum offer yield was 0.17% and the maximum accepted yield was 0.29%.

The total volume of competitive bids was €13,845,900, and the total amount of non-competitive bids was €1.5 million.

Issuer:Lithuania
Amount:€5 million
Redemption date:June 29, 2023
Description:Government securities
Coupon:0.6%
Average accepted yield:0.255%
Auction date:Oct. 31
Settlement date:Nov. 3

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