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Published on 7/16/2018 in the Prospect News Emerging Markets Daily.

New Issue: Lithuania sells €15 million 1.1% government notes due 2027 at 1.098%

By Susanna Moon

Chicago, July 16 – Lithuania auctioned €15 million of 1.1% government securities due 2027 on Monday.

The weighted average accepted yield was 1.098%, according to a notice. The minimum offered yield was 1.08%, and the maximum accepted yield was 1.1%.

The total volume of competitive bids was €30.9 million, and the total amount of non-competitive bids was €2 million.

Issuer:Lithuania
Amount:€15 million
Redemption date:April 26, 2027
Description:Government securities
Coupon:1.1%
Average accepted yield:1.098%
Auction date:July 16
Settlement date:July 18

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