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LONDON, April 20 (IFR) - The Republic of Lithuania has sent out a request for proposals to banks for a euro-denominated Eurobond, according to sources.
The Lithuanian government plans to borrow about €3.1bn in 2017, of which the largest share is expected to be taken from foreign markets by issuing Eurobonds in the amount of €1.75bn.
The Ministry of Finance did not respond to a request for comment.
The sovereign is rated A3/A-/A-. (Reporting by Sudip Roy and Robert Hogg; Editing by Philip Wright)