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2011-10-13 13:45:42 CEST 2011-10-13 13:46:45 CEST REGULATED INFORMATION Lánamál ríkisins - Company AnnouncementAuction result Treasury bills RIKV 12 0116 & RIKV 12 0416Today at 11:00 am, Government Debt Management auctioned Treasury bills in series RIKV 12 0116 and RIKV 12 0416. 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 12 0116: Number of bids in the series was 29 amounting to ISK 19,825 million nominal value. Bids were accepted for ISK 18,825 million nominal value at the price of 99.185 (simple interest of 3.25%). RIKV 12 0416: Number of bids in the series was 20 amounting to ISK 8,623 million nominal value. Bids were accepted for ISK 5,143 million nominal value at the price of 98.510 (simple interest of 2.99%). |
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