Lánamál ríkisins - Company Announcement

Auction result treasury bills RIKV 11 1115 and RIKV 12 0215

Today at 11:00 am, Government Debt Management auctioned Treasury bills in
series RIKV 11 1115 and RIKV 12 0215. 

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 11 1115:
Number of bids in the series was 23 amounting to ISK 18,737 million nominal
value. Bids were accepted for ISK 17,237 million nominal value at the price of
99.239 (simple interest of 3.00%). 

RIKV 12 0215:
Number of bids in the series was 7 amounting to ISK 2,950 million nominal
value. Bids were accepted for ISK 2,450 million nominal value at the price of
98.490 (simple interest of 3.00%).

Attachments:

Result_RIKV_110811.pdf