Lánamál ríkisins - Company Announcement

Auction result

Today the Central Bank of Iceland auctioned Treasury Notes in series RIKB 10
1210 using Dutch auction method. 

The main results of the auction were:

Number of bids in this series were 50, amounting to 18,976 m.kr. nominal value.
Bids were accepted for 11,476 m.kr. nominal value at the clean price of 99,17
(yield of 14,25%). 

After the results of the auction are available, the Central Bank will offer
primary dealers 10% of the nominal value sold in the auction or 1.148 m.kr., at
the price of accepted bids, until 14:00 on the settlement date of the auction.
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 one day after the transaction date.