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Published on 4/18/2017 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania sells €25 million of 0% government notes due 2020 at 0.011%

By Tali Rackner

Minneapolis, April 18 – Lithuania auctioned €25 million of zero-coupon government securities due March 29, 2020 on Tuesday, according to a notice.

The weighted average accepted yield was 0.011%. The minimum offered yield was zero, and the maximum accepted yield was 0.015%.

The total volume of competitive bids was €113.23 million, and the total amount of non-competitive bids was €2.7 million.

Issuer:Lithuania
Issue:Government securities
Amount:€25 million
Redemption date:March 29, 2020
Coupon:0%
Average accepted yield:0.011%
Auction date:April 18
Settlement date:April 20

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