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2011-04-13 13:45:35 CEST 2011-04-13 13:46:35 CEST REGULATED INFORMATION Lánamál ríkisins - Company AnnouncementAuction resulttreasury bills RIKV 11 0715 and RIKV 11 1017Today at 11:00 am, Government Debt Management auctioned Treasury bills in series RIKV 11 0715 and RIKV 11 1017. 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) determines the selling price. Yield is calculated as a simple interest rate based on the Actual/360 day rule. The main results of the auction were: RIKV 11 0715: Number of bids in the series was 13 amounting to ISK 6,298 million nominal value. Bids were accepted for ISK 6,098 million nominal value at the price of 99.222 (simple interest of 3.11%). RIKV 11 1017: Number of bids in the series was 17 amounting to ISK 7,105 million nominal value. Bids were accepted for ISK 6,505 million nominal value at the price of 98.382 (simple interest of 3.20%) |
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