Lánamál ríkisins - Company Announcement

Special auction announcement - Treasury Notes RIKB 08 1212 and RIKB 09 0612

On June 19, the Icelandic Government announced a supplementary issue of 
short-term Treasury notes for a total of up to 75 billion krónur. Regarding the
announcement the Central Bank of Iceland will conduct auction on two series of
Treasury notes for a total of up to 25 billion krónur. 

On Thursday, 26 June, 2008, at 14:00, the Central Bank of Iceland will conduct
the auction on the series RIKB 08 1212 and RIKB 09 0612. 

The maximum total amount offered in this auction will be 15,000 m.kr. nominal
value in the series RIKB 08 1212 and 10,000 m.kr. nominal value in the series
RIKB 09 0612. Only primary dealers in Government 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 payment and settlement date is Monday, 30.  June, 2008.

For this auction, the Central Bank requests bids for the following series: 

Series	        	
RIKB 08 1212			
RIKB 09 0612

Maturity date
Dec 12, 2008			
June 12, 2009

Outstanding
37,350  m.kr.
15,505 m.kr.

Time to maturity
6.0 month
12 month

Further information can be obtained from Bjorgvin Sighvatsson, International
and Market Department, Central Bank of Iceland, at +354 569 9633.

Attachments:

terms23jun.pdf

bloom23jun.pdf