DBRS Upgrades Republic of Lithuania to A, Stable Trend

DBRS Ratings GmbH (DBRS) upgraded the Republic of Lithuania’s Long-Term Foreign and Local Currency – Issuer Ratings from A (low) to A, and maintained the Stable trend. The A ratings are underpinned by Lithuania’s sound fiscal position and its low public debt ratio. According to DBRS, other credit strengths are as follows: meeting OECD standards and benchmarks, Euro system...

Lithuania borrows at the most favourable terms in the international markets

Today, Lithuania borrowed EUR 1.5 bn in the international capital markets by issuing two Eurobond issues of different maturities, the 10-year Eurobond of EUR 650mn face value and 30-year Eurobond of EUR 850 mn face value. The decision to borrow for a long period was made due to the favourable situation in the international financial markets, the...

For Small and Medium-Sized Enterprises – Additional Ability to Raise Capital

On Wednesday, the Government approved draft amendments to the Law on Securities and related laws aimed to develop the national capital market, to offer better opportunities for small and medium-sized enterprises to raise funds for the implementation of projects and to enhance Lithuania’s competitiveness in the European Union. The amendments to...

Good News for Lithuania – Ecosystem for Sustainable Investment is Underway

Lithuania takes hold as a leader in the Baltic Sea region in developing sustainable (green) finances. Our country is the first country which together with the European Commission and European Bank for Reconstruction and Development (EBRD) launches the project of sustainable finances which will offer more opportunities for financial institutions to...