Lithuania

Lithuania has loosed 10 and 20 year euro tranches on the market, demonstrating confidence in duration as the prospects of an imminent US rate hike fade away yet again.

The Republic of Lithuania on Friday threw out the first fresh mandate after a monster week for CEEMEA supply, and is looking at a long dated euro deal.

Plans by the European Central Bank to trial the use of reverse auctions in its public sector purchase programme have been tentatively welcomed by SSA issuers on the central bank’s buying list.