VILNIUS - The Bank of Lithuania announced a new government securities index, denominated in litas, which will reveal Lithuania’s borrowing costs and risk assessment changes in the domestic market, reports LETA. The announcement of the government securities index becomes relevant when the state begins to finance an increasingly larger part of spending by borrowing in the domestic market.In 2012 alone, the volume of government borrowing in the domestic market increased 1.5 times.“The new indicator will complete the information gap that has existed till now, since such a...
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