Lánamál ríkisins - Company Announcement

Auction result Treasury bills RIKV 15 0415 & RIKV 15 0715

Today at 11:00 am, Government Debt Management auctioned Treasury bills in
series RIKV 15 0415 and RIKV 15 0715. 

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 15 0415:

Number of bids in the series was 6 amounting to ISK 8,650 million nominal
value. Bids were accepted for ISK 8,050 million nominal value at the price of
99.047 (simple interest of 3.85%). 

RIKV 15 0715:

Number of bids in the series was 4 amounting to ISK 560 million nominal value.
Bids were accepted for ISK 360 million nominal value at the price of 98.125
(simple interest of 3.80%).

Attachments:

Result_RIKV_13.Jan.15.pdf