Lánamál ríkisins - Company Announcement

Auction result of nominal bonds RIKB 20 0205 & RIKB 31 0124

Today at 11:00 pm, Government Debt Management auctioned Treasury Bonds in the
series RIKB 20 0205 and RIKB 31 0124. The auction was structured as a
single-price auction, which means that all accepted bids are offered to the
bidders at the same price. The lowest accepted price (highest yield) determined
the selling price. 

                      The main results of the auction were:

RIKB 20 0205:

Number of bids in this series were 11, amounting to 2,100 m.kr. nominal value.
All bids were accepted for 2,100 m.kr. nominal value at the clean price of
102.310 (yield of 5.71%). 

RIKB 31 0124:

Number of bids in this series were 32, amounting to 9,300 m.kr. nominal value.
27 bids were accepted for 6,400 m.kr. nominal value at the clean price of
100.150 (yield of 6.48%). 



After the results of the auction are available, the GDM will offer primary
dealers 10% of the nominal value sold in the auction at the price of accepted
bids, until 14:00 on Tuesday, 20 January. Each primary dealer that has
submitted an accepted bid in the auction has the right to purchase an amount
proportional to its total purchase. The payment and settlement date for these
transactions is Wednesday, 21 January, 2015.

Attachments:

ResultsRIKB_16.Jan.2015.pdf