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2012-03-13 12:45:06 CET 2012-03-13 12:46:08 CET REGULATED INFORMATION Lánamál ríkisins - Company AnnouncementAuction result Treasury bills RIKV 12 0615 & RIKV 12 0917Today at 11:00 am, Government Debt Management auctioned Treasury bills in series RIKV 12 0615 and RIKV 12 0917. 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 12 0615: Number of bids in the series was 19 amounting to ISK 9,364 million nominal value. Bids were accepted for ISK 6,664 million nominal value at the price of 99.290 (simple interest of 2.80%). RIKV 12 0917: Number of bids in the series was 11 amounting to ISK 1,850 million nominal value. Bids were accepted for ISK 1.050 million nominal value at the price of 98.324 (simple interest of 3.30%). |
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