Lánamál ríkisins - Company Announcement

Auction of Treasury bills RIKV 14 0616 & RIKV 14 0915

On Thursday, 13 March at 11:00 am, Government Debt Management will conduct an
auction of Treasury bills RIKV 14 0616 and RIKV14 0915 which mature on 16 June
and 15 September 2014. 

The GDM reserves the right to accept all of the submitted bids, part of them or
reject all of them. Only primary dealers in Treasury securities are authorised
to submit bids in this auction. They also submit bids on behalf of investors.
The minimum amount of each bid is 1 m.kr. nominal value. 

The auction will be structured as a single-price auction, which means that all
accepted bids will be sold to primary dealers at the same price. The lowest
accepted price (highest yield) will determine the selling price. In other
respects, reference is made to the Terms of Invitation to Tender, which
accompany this press release. 

The payment and settlement date is Monday, 17 March 2014.

Application to start trading in RIKV 14 0915 on Tuesday, 18 March 2014 will be
sent to the NASDAQ OMX in Iceland. 

For further information please contact Oddgeir Gunnarsson, Government Debt
Management, at +354 569 9635.

Attachments:

Auction_terms_RIKV_13Mar14.pdf

News_RIKV_10Mar14.pdf