Defence Bond framework

International technology company “Nasdaq”, which provides services in the capital markets, has developed guidelines for the financing of defence projects and the Defense, Resilience, and Infrastructure Bond Criteria (NDRI). “Valstybės investicinis kapitalas” (UAB VIK) as a securities issuer was assessed and met all the requirements of the defence bond system.

To comply with the NDRI criteria, the proceeds from bond issuances must be allocated to projects that strengthen the defence, resilience, or infrastructure of EU or NATO member states, or officially cooperating countries.
Eligible categories include, but are not limited to: cybersecurity, weapons and ammunition, infrastructure, dual-use technologies, civil resilience programs, and the aerospace industry.

Below is the description of UAB VIK’s Defence Bond Framework, as approved by Nasdaq.