Lithuania to Start Treasury Index as Local Borrowing Increases
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Lithuania’s central bank unveiled an index for tracking domestic Treasury bonds and bills in order to make the market more transparent as the Baltic nation’s government increases its reliance on local borrowing.
The daily values of the index, which reflects the price movements of all publicly traded litas-denominated government debt securities, will be published once a week on the Bank of Lithuania website before Treasury auctions, which usually take place on Mondays, the central bank in Vilnius said today.