Lánamál ríkisins - Company Announcement

Asking price for Treasury securities for foreign currency auction on 28 March 2012

Participants whose bids are accepted in the Central Bank of Iceland foreign
currency auction on 28 March 2012 have the option of selling Treasury bills and
bonds maturing before year-end 2013 in order to finance the foreign currency
purchase. According to the Government Debt Management press release of 14 March
2012, the asking price for Treasury securities would be published on 22 March
2012. 

Parties that have approved offers in the Central Bank's foreign currency
auction have the option of selling their Treasury securities to Government Debt
Management on the following terms, subject to settlement on 2 April 2012. 

Series        Price   Flat interest  Series        Clean price  Yield
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RIKV 12 0416  99.875          3.22%  RIKB 12 0824      100.055  4,05%
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RIKV 12 0515  99.615          3.24%  RIKB 13 0517      103.040  4,40%
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RIKV 12 0615  99.265          3.60%                                  
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RIKV 12 0716  98.960          3.60%                                  
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RIKV 12 0815  98.520          4.01%                                  
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RIKV 12 0917  98.165          4.01%                                  
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  Market makers that intend to act as intermediaries for foreign exchange
transactions involving the above-specified Treasury securities must so inform
Government Debt Management no later than 9:00 hrs. on 29 March 2012. The
Treasury securities must be delivered to Government Debt Management no later
than 11:00 hrs. on 2 April 2012. Payments will take place following the
delivery of the securities, and no later than at 16:00 hrs. that same day.

Attachments:

Asking price for Treasury securities.pdf