Lánamál ríkisins - Company Announcement

Auction result of nominal bonds RIKB 12 0824

Today at 11 am the Government Debt Management auctioned Treasury Bonds in the
series RIKB 12 0824.  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 8, amounting to 3,150 m.kr. nominal value. 4
bids were accepted for 2,550 m.kr. nominal value at the clean price of 101.65
(yield of 3.04%). 


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, 22 March. 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, 23 March, 2011.

Attachments:

ResultRIKB12_110318.pdf