Lánamál ríkisins - Company Announcement

Auction result of nominal bonds RIKB 12 0824 and RIKB 16 1013

Today at 11:00 am, Government Debt Management auctioned Treasury Bonds in the
series RIKB 12 0824 & RIKB 16 1013.  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 6, amounting to 3,600 m.kr. nominal value. 3
bids were accepted for 700 m.kr. nominal value at the clean price of 101.25
(yield of 3.23%). 

RIKB 16 1013:
Number of bids in this series were 6, amounting to 835 m.kr. nominal value. 5
bids were accepted for 785 m.kr. nominal value at the clean price of 102.05
(yield of 5.54%). 

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, 10 May. 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, 11 May, 2011.

Viðhengi:

Results RIKB.pdf