Today at 11:00 the National Debt Management Agency (NDMA) auctioned Treasury Bills in series RIKV 07 0502. In this auction the offered amount ranged from 2,500 to 5,000 m.kr. at nominal value. Yield is calculated as a simple interest rate based on the Actual/360 day rule. The main results of the auction were: Number of bids in RIKV 07 0502 were 24, amounting to 8,800 m.kr. at nominal value. Bids were accepted for 4,200 m.kr. at nominal value with average yield of 14.873%. Highest accepted yield was 15.369% and lowest accepted yield was 13.993%. The auction results for previous Treasury Bill auctions are the following (nominal value): Date Time to maturity Total bids (m.kr.) Accepted bids (m.kr.) Lowest yield % Highest yield % Average yield % 30.5.2006 3 months 16,600 5,000 11.231% 11.521% 11.417% 29.6.2006 3 months 12,900 5,000 11.417% 11.857% 11.652% 28.7.2006 3 months 9,000 2,500 12.123% 12.498% 12.369% 30.8.2006 3 months 14,200 5,000 12.235% 12.277% 12.273% 28.9.2006 3 months 7,250 2,750 12.570% 13.024% 12.830% 29.11.2006 3 months 7,900 3,500 13.586% 14.207% 13.924% 28.12.2006 3 months 5,360 2,960 14.584% 15.127% 14.975% 30.1.2007 3 months 8,800 4,200 13.993% 15.369% 14.873%
National Debt Management Agency - Auction Result RIKV 07 0502
| Source: Ríkissjóður Íslands - Lánamál ríkisins