Free Trial

Lithuania 7-year mandate

EGB SYNDICATION
  • "The Republic of Lithuania has mandated Deutsche Bank, HSBC and Societe Generale for a potential EUR-denominated benchmark 7-year Reg S only transaction, to be launched in the near future, subject to market conditions." From market source
  • This will be the second Lithuanian syndication this year, with E1.5bln sold in February of a 10-year issue.
  • Lithuania's gross borrowing requirement for 2024 is E5.7bln (net E2.77bln).
  • E3.0bln is planned to be sold via EMTNs at syndication, so we look for another E1.5bln transaction.
  • We expect the transaction to take place tomorrow.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.