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2012-01-12 12:46:03 CET 2012-01-12 12:47:04 CET REGULATED INFORMATION Lánamál ríkisins - Company AnnouncementAuction result Treasury bills RIKV 12 0416 & RIKV 12 0716Today at 11:00 am, Government Debt Management auctioned Treasury bills in series RIKV 12 0416 and RIKV 12 0716. 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 0416: Number of bids in the series was 19 amounting to ISK 18,250 million nominal value. Bids were accepted for ISK 10,950 million nominal value at the price of 99.295 (simple interest of 2.81%). RIKV 12 0716: Number of bids in the series was 10 amounting to ISK 10,475 million nominal value. Bids were accepted for ISK 8.250 million nominal value at the price of 98.629 (simple interest of 2.75%). |
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