Lithuania to sell €400 million reopening of 2016 bonds

By Reshmi Basu and Paul A. Harris

New York, Jan. 30- Lithuania is expected to retap its 3¾% eurobond due 2016 to add €400 million this week, according to market sources.

Deutsche Bank and UBS Investment Bank are managing the sale.

On Feb. 4, 2005, the country placed €600 million of the 3¾% bonds at 99.743 to yield mid-swaps plus 8 basis points.

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