Lithuania, which is rated at Baa1 on Moody's rating and at A- by both Standard and Poor's and Fitch, has sent a request for proposals for a new Eurobond issue, according to Reuters sources.
Vertybiniai popieriai

The country has not yet decided which currency the bond will be denominated in, though euros is most likely. It has yet to decide on timing as well, though sources expect the deal before the end of the year, Reuters said.

Lithuania came last in the international bond market in January of the previous year as it sold a EUR 500 million 10-year note at a yield of 3.46 percent. That bond is now trading at 1.94 percent, according to Tradeweb.

Lithuania will join the euro zone on 1 January 2015.

It is forbidden to copy the text of this publication without a written permission from ELTA.

Lithuanian laser professionals at world's largest laser photonics exhibition

On June 24-27 Lithuanian laser manufacturers will present their latest technologies in the most...

Opinion. Public procurement: which law amendments are significant and which are merely formal?

Every time, amendments of public procurement legislation attract a lot of attention, however, it...

Klaipeda introduced high schools’ students to the future of engineering

Last week Klaipėda city development agency " Klaipėda ID " for the second year in a row organized...

Minister: chief forest officer stays for now

Marius Pulkauninkas , chief forest officer of the State Forestry Enterprise of Lithuania, is staying...

Lithuanian and Polish operators ask for EU support for submarine cable

Lithuanian and Polish power transmissio n companies Litgrid and PSE have asked the EU for financial...