Lánamál ríkisins - Company Announcement

Auction result Treasury bills RIKV 12 0716 & RIKV 12 1015

Today at 11:00 am, Government Debt Management auctioned Treasury bills in
series RIKV 12 0716 and RIKV 12 1015. 

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. 

                      The main results of the auction were:

RIKV 12 0716:

Number of bids in the series was 11 amounting to ISK 2,980 million nominal
value. Bids were accepted for ISK 850 million nominal value at the price of
99.198 (simple interest of 3.20%). 

RIKV 12 1015:

Number of bids in the series was 13 amounting to ISK 2,850 million nominal
value. Bids were accepted for ISK 1.250 million nominal value at the price of
98.261 (simple interest of 3.50%).

Attachments:

Result_RIKV_120412.pdf