Lánamál ríkisins - Company Announcement

Auction of Treasury bills RIKV 17 0215

On Thursday, 11 August at 11:00 a.m. Government Debt Management will conduct an
auction of Treasury bills RIKV 17 0215 which mature on 15 February 2017. 

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 Monday 15 August 2016.

Application to start trading in RIKV 17 0215 on Monday 15 August 2016 will be
sent to the NASDAQ Iceland. 

For further information please contact Laufey B. Ómarsdóttir, Government Debt
Management, at +354 569 9631.

Attachments:

Auction terms 11 Aug 16.pdf

News RIKV 09.Aug 16.pdf