Lánamál ríkisins - Company Announcement

Bond price for foreign exchange auction

According to an announcement published by the Central Bank of Iceland on 9
December 2014 regarding the Central Bank of Iceland foreign currency auction to
be held on 10 February 2015, the Terms of Auction stated that the swap rate for
the Bank's purchase of foreign currency in connection with the sale of Treasury
bonds in the series RIKS 33 0321 would be published at the close of business on
6 February 2015. 

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
112.785619 kr. per Treasury bond unit with accrued interest and indexation
(dirty price), assuming a settlement date of 13 February 2015 (yield 2.88%).1 



1 Clean price of 101,67