Lánamál ríkisins - Company Announcement

Bond price for foreign exchange auction

According to an announcement published by the Government Debt Management on 26
April 2013 regarding the Central Bank of Iceland foreign currency auction to be
held on 30 April 2013, it was decided that the conversion rate of the number of
units of Treasury bonds in the series RIKS 33 0321 for every euro will be based
on the clean price 103.0. Furthermore, the information on transaction value
i.e. with accrued interest and indexation would be available today, when
Statistics Iceland has publishes the CPI for April. 

It has been decided that the number of Treasury bond units per euro shall be
based on the auction price and the fixed price of the Treasury bonds, which is
108.960348 kr. per Treasury bond unit with accrued interest and indexation
(dirty price), with a settlement date of 3 May 2013 (yield 2.80%). 1 

The formula is as follows: Swap rate = auction price/(bond price/100).<font face="Times New Roman">1 </font>Clean price of 103.0.

Bifogade filer:

Bond price_FX_auction_30Apr2013.pdf