Lánamál ríkisins - Company Announcement

Auction results of nominal and inflation linked bonds RIKB 12 0824 and RIKS 21 0414

Today at 11 am the Government Debt Management auctioned Nominal Treasury Bonds
in a new series RIKB 12 0824 and inflation linked bonds RIKS 21 0414.  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) determined the selling price. 


The main results of the auction were:


RIKB 12 0824:
Number of bids in this series were 21, amounting to 7,247 m.kr. nominal value.
17 bids were accepted for 6,347 m.kr. nominal value at the clean price of
100.09 (yield of 4.20%). 

RIKS 21 0414:
Number of bids in this series were 29, amounting to 10,604 m.kr. nominal value.
26 bids were accepted for 7,304 m.kr. nominal value at the clean price of
103.99 (yield of 3.35%). 


After the results of the auction are available, the GDM 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 24. 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 25, 2010. 

Attachments:

resultrikb_riks_100820.pdf