Lithuania borrowed 1.75 billion. EUR Business



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“Not only have we successfully reached an agreement between EU member states to transform the country’s economy, but we have also taken advantage of extremely favorable conditions to issue Eurobonds on international capital markets.” This only confirms once again that Lithuania is considered a very responsible and reliable partner, “says Finance Minister Vilius Šapoka in the report.

These funds will finance this year’s loan needs, including the 1.35 billion expected for next year. Redemption of the issue of Eurobonds in US dollars.

Eurobonds were distributed 0.637%. yield, and the issue price is 96.27 percent. their nominal values ​​Eurobonds will be repaid on July 28, 2020 and redeemed on July 28, 2050.

BNP Paribas, Citi and Erste Group banks were selected as distributor banks.

Previously, Lithuania had issued issues of the same duration in 2017 and 2019, then its annual interest rates amounted to 2.1 and 1,625 percent, respectively.



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