“Today, it has been exactly fifteen years since the first government securities distribution auction was organized through the Nasdaq Vilnius stock exchange system. During this year, we helped implement 745 VVP distribution auctions. We congratulate the Ministry of Finance on this anniversary and look forward to further successful cooperation in the future!” – said Saulius Malinauskas, head of Nasdaq Vilnius stock exchange.
“Nasdaq Vilnius” VVP started organizing initial distribution auctions in 2009. For debt securities trading and primary auctions, Nasdaq Vilnius uses the Genium INET trading system, which is also used in the stock exchanges of the Baltic and Northern European countries and is one of the main technologies of Nasdaq.
The central securities depository Nasdaq CSD SE (the Depository) manages the Baltic and Icelandic securities settlement systems. It provides post-trade infrastructure and other services related to securities registration and settlement. The depository uses automatic technology integrated into the European TARGET2-Securities (T2S) platform, through which settlements are also carried out for VVP auctions.
“We are happy to be able to contribute to the smooth settlement of transactions of the VVP and Eurobond auctions of the Government of the Republic of Lithuania. It is also extremely gratifying that through the Depository’s connections with foreign depositories, we are observing the growing interest of foreign investors in Lithuanian government debt instruments,” said Audrius Žakas, head of the Lithuanian branch of the central securities depository of Nasdaq CSD.
“Lithuania, working closely together with Nasdaq Vilnius for fifteen years, not only conducted weekly auctions, but also implemented several innovations – green bonds were distributed, Eurobond issues started to be filled in the domestic market. We are happy with the successful cooperation, which helped to attract new investors and ensured the smooth execution of auctions and safe settlement”, said Minister of Finance Gintarė Skaistė.
Nasdaq Vilnius the stock exchange is the only operator of the secondary regulated securities market in Lithuania, which ensures a regulated, open and efficient market infrastructure. The activities of Nasdaq Vilnius are licensed and supervised by the Lithuanian Financial Market Supervisory Authority. More information: nasdaqbaltic.com
Nasdaq CSD manages regional central securities depositories and provides trading infrastructure and various securities services to market participants in the Baltic countries and Iceland. Nasdaq CSD holds more than 70 billion euros and serves issuers and participants in the Baltic States and Iceland. To learn more, visit: nasdaqcsd.com
Nasdaq (Nasdaq: NDAQ) is a global technology company that provides services to capital markets and other sectors of the economy. Our wide range of data, analytics, software and services enables clients to reliably optimize and realize their business visions. To learn more about the company, its technological solutions and career opportunities, visit our pages LinkedInX @Nasdaq ornasdaq.com.
“BNS Press Center” publishes press releases of various organizations. The persons who published them and the organizations they represent are responsible for the content of the messages.