Lithuania prints for last time until 2019

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By Francesca Young
09 Nov 2017

The Republic of Lithuania on Tuesday drew a combined €1.27bn book for its taps as investors rushed to take a piece of what could be the Baltic country's last international bond for more than a year.

Lithuania, rated A3/A-/A-, said in an investor presentation that its 2018 funding needs will be limited to the domestic markets.

Initial price thoughts were put out on Tuesday morning at low 10bp over mid-swaps for the €350m tap of the €750m 0.95% May 2027s, before being refined to ...

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