Lánamál ríkisins - Company Announcement

Auction result treasury bills RIKV 11 0915 & RIKV 11 1215

Today at 11:00 am, Government Debt Management auctioned Treasury bills in
series RIKV 11 0915 and RIKV 11 1215. 

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 0915:
Number of bids in the series was 8 amounting to ISK 1,407 million nominal
value. Bids were accepted for ISK 407 million nominal value at the price of
99.265 (simple interest of 2.90%). 

RIKV 11 1215:
Number of bids in the series was 6 amounting to ISK 1,201 million nominal
value. Bids were accepted for ISK 500 million nominal value at the price of
98.595 (simple interest of 2.80%).

Attachments:

Result_RIKV11.pdf