Lánamál ríkisins - Company Announcement

Issuance of RIKS 33 0321 in foreign exchange auction

Today, 9 May 2012, an auction was held by Central Bank of Iceland in which the
Bank offered to purchase euros versus payment in the indexed Treasury series
RIKS 33 0321. This measure is an element in the removal of restrictions on
capital account transactions and will reduce the annual Treasury's refinancing
need. Bonds sold in the series amounted to 3,020,959,328 kr. nominal value. 

The accepted exchange rate in the auction was 238.8 krona for each Euro.

On 3 May the fixed price for this Treasury bond was announced as 102.090153 per
nominal unit with accrued interest and indexation (e. dirty price) with a
settlement date of 11 May 2012 (yield 3.00%)1 



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1Clean price being 100.00

Attachments:

Issuance_RIKS 33 0321 fx_aution.pdf