Lánamál ríkisins - Company Announcement

Purchase price for State-guaranteed securities in connection with the Central Bank of Iceland foreign currency auction of 16 June 2016

In a Central Bank of Iceland news release dated 25 May 2016, it was announced
that purchasers of foreign currency in the Central Bank of Iceland foreign
currency auction may sell Treasury bills, Treasury bonds, and other issues
bearing a State guarantee to the Central Bank to finance their foreign currency
purchases. It was also announced at that time that the purchase price of the
aforementioned securities in exchange for euros in the auction would be
published on the Central Bank of Iceland website today. In the attachment below
is set forth the purchase price, based on a settlement date of 29 June 2016. 

When submitting offers on behalf of their customers, entities that have
concluded intermediation agreements with the Central Bank shall specify the
name of the Treasury bill or bond series as it is listed on the Nasdaq Iceland
hf. exchange and as is stipulated in the Terms of Auction dated 25 May 2016. In
connection with settlement of the transactions, the State-guaranteed securities
must be received by the Central Bank no later than 10:00 hrs. on 29 June 2016.
The foreign currency will be deposited to the intermediary’s euro account
following delivery of the securities, and no later than at 16:00 hrs. that same
day. Owners of State-guaranteed instruments not on the list above may ask an
intermediary that has concluded an intermediation agreement with the Central
Bank to request an offer for a purchase price on the securities no later than
at the end of the day on 13 June 2016. 

Queries relating to any of the foregoing may be sent by e-mail to
fxauction2016@cb.is.

Attachments:

Purchase price for State-guaranteed securities.pdf