Lánamál ríkisins - Company Announcement

Auction results of nominal bonds RIKB 12 0824

Today at 11 am the Government Debt Management auctioned Nominal Treasury Bonds
in the series RIKB 12 0824.  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 12 0824:
Number of bids in this series were 10, amounting to 3,060 m.kr. nominal value.
6 bids were accepted for 1,460 m.kr. nominal value at the clean price of 99.90
(yield of 4.30%). 

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, 12 October. 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, 13 October, 2010

Attachments:

resultrikb_101008.pdf