Lánamál ríkisins - Company Announcement

Auction of TREASURY bills RIKV 12 0716 & RIKV 12 1015

On Thursday, 12 April at 11:00 am, Government Debt Management will conduct an
auction of Treasury bills RIKV 12 0716 and RIKV 12 1015 which mature on 16 July
and 15 October 2012. 

The GDM reserves the right to accept all of the submitted bids, part of them or
reject all of them. Only primary dealers in Treasury securities are authorised
to submit bids in this auction. They also submit bids on behalf of investors.
The minimum amount of each bid is 1 m.kr. nominal value. 

The auction will be structured as a single-price auction, which means that all
accepted bids will be sold to primary dealers at the same price. The lowest
accepted price (highest yield) will determine the selling price. In other
respects, reference is made to the Terms of Invitation to Tender, which
accompany this press release. 

The payment and settlement date is Monday, 16 April 2012.

Application to start trading in RIKV 12 1015 on Tuesday, 17 April 2012 will be
sent to the NASDAQ OMX in Iceland. 

For further information please contact Oddgeir Gunnarsson, Government Debt
Management, at +354 569 9633.

Attachments:

Aution_terms_RIKV_040412.pdf

News_RIKV_040412.pdf