Lánamál ríkisins - Company Announcement

Auction result Treasury bills RIKV 15 0316 & RIKV 15 0615

Today at 11:00 am, Government Debt Management auctioned Treasury bills in
series RIKV 15 0316 and RIKV 15 0615. 

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 15 0316:

Number of bids in the series was 10 amounting to ISK 5,534 million nominal
value. Bids were accepted for ISK 2,074 million nominal value at the price of
99.036 (simple interest of 3.85%). 

RIKV 15 0615:

Number of bids in the series was 3 amounting to ISK 320 million nominal value.
All bids were rejected.

Attachments:

Result_RIKV_11.Dec.14.pdf