Lánamál ríkisins - Company Announcement

Auction of Treasury bills RIKV 14 0415 & RIKV 14 0715

On Monday, 13 January at 11:00 am, Government Debt Management will conduct an
auction of Treasury bills RIKV 14 0415 and RIKV14 0715 which mature on 15 April
and 15 July 2014. 

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 Wednesday, 15 January 2014.

Application to start trading in RIKV 14 0715 on Thursday, 16 January 2014 will
be sent to the NASDAQ OMX in Iceland. 

For further information please contact Oddgeir Gunnarsson, Government Debt
Management, at +354 569 9635.

Attachments:

News_RIKV_08Jan14.pdf

Aution_terms_RIKV_13Jan14.pdf