Government Securities

Government securities are securities issued on domestic or foreign markets attesting to the right of the holder thereof to obtain, within the time limits provided for, an amount corresponding to a nominal value thereof, an interest, or other equivalent

The issuer of the Government securities is the Government of the Republic of Lithuania which borrows on behalf of the State and is represented by the Ministry of Finance of the Republic of Lithuania.

By their duration the Government securities are categorised as follows:

• Treasury bills — with a maturity shorter than one year;
• Government bonds — with a maturity exceeding one year.