Lithuania taps eurobond market

Jul 21, 2010
From wire reports

VILNIUS - The Lithuanian government began on July 19 the sale, through a primary auction, of bonds denominated in euros on the NASDAQ OMX Vilnius exchange, which is a subsidiary of NASDAQ OMX Group, reports news agency LETA. Until now the bond auctions have been held only in the Lithuanian national currency, the litas. The primary auctions create competition among the auction participants that facilitate state borrowing in the local market in the most efficient way,” said Arminta Sa ...

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