Lánamál ríkisins - Company Announcement

Auction Results RIKB 11 0722, RIKB 13 0517 and RIKB 25 0612

Today the Central Bank of Iceland auctioned Treasury Notes in series RIKB 11
0722, RIKB 13 0517 and RIKB 25 0612.  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. 

The main results of the auction were:

RIKB 11 0722
Number of bids in this series were 27, amounting to 15,830 m.kr. nominal value.
Bids were accepted for 6,020 m.kr. nominal value at the clean price of 100.83
(yield of 7.50%). 

RIKB 13 0517
Number of bids in this series were 22, amounting to 12,125 m.kr. nominal value.
Bids were accepted for 1,792 m.kr. nominal value at the clean price of 97.15
(yield of 8.15%). 

RIKB 25 0612
Number of bids in this series were 33, amounting to 11,046 m.kr. nominal value.
Bids were accepted for 8,688 m.kr. nominal value at the clean price of 94.25
(yield of 8.68%). 

After the results of the auction are available, the Central Bank will offer
primary dealers 10% of the nominal value sold in the auction at the price of
accepted bids, until 14:00 on Tuesday, August 25. 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, August 26, 2009. 

The Treasury will thereby have issued Treasury notes for 145 b.kr. during the
current year and has thus achieved the objectives set forth in the Government
Debt Management Prospect for 2009.

Attachments:

nidurstodurrikbenska.pdf