Lánamál ríkisins - Company Announcement

Auction result Treasury bills RIKV 14 0616 & RIKV 14 0915

<span style="font-size:12pt;">Today at 11:00 am, Government Debt Management
auctioned Treasury bills in series RIKV 14 0616 and RIKV 14 0915. </span><span style="font-size: 12pt;">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.</span><span style="font-size: 11pt;"></span><span style="font-size:12pt;">The main results of the auction were:</span><strong style="font-size: 11pt;"><span style="font-size:12pt;">RIKV 14
0616:</span><span style="font-size:12pt;">Number of bids in the series was 10 amounting to
ISK 3,680 million nominal value. Bids were accepted for ISK 3.450 million
nominal value at the price of 98.905 (simple interest of 4.38%).</span><span
style="font-size: 11pt;"></span><span style="font-size:12pt;">RIKV 14 0915:</span><span style="font-size:12pt;">Number of bids in the series was 13 amounting to
ISK 3,110 million nominal value. Bids were accepted for ISK 2,760 million
nominal value at the price of 97.776 (simple interest of 4.50%).</span>

Attachments:

Result_RIKV13.Mar.14.pdf