Lánamál ríkisins - Company Announcement

Auction result of nominal bonds & inflation-linked bonds RIKB 12 0824 & RIKS 21 0414

Today at 11:00 am, Government Debt Management auctioned Treasury Bonds in the
series RIKB 12 0824 & RIKS 21 0414.  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 3,523 m.kr. nominal value.
7 bids were accepted for 2,623 m.kr. nominal value at the clean price of 101.35
(yield of 3.12%). 

RIKS 21 0414:
Number of bids in this series were 24, amounting to 5,525 m.kr. nominal value.
18 bids were accepted for 4,575 m.kr. nominal value at the clean price of
107.90 (yield of 2.87%). 


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, 24 May. 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, 25 May, 2011.

Attachments:

Result_RIKB_RIKS_110520.pdf