The Housing Financing Fund announces HFF bond auction, 23 March 2007, has been finalised. The total amounts of submitted bids where ISK 18,6 billion, in nominal value. Bids were accepted for HFF bonds: " HFF44, nominal amount of ISK 1,1 billion, weighted yield without commission is 4,35% " HFF44, nominal amount of ISK 3,9 billion, weighted yield without commission is 4,35% The total weighted yield in the accepted offering, without commission was 4,29% and with commission 4,30%. Settlement date will be on 29 March, 2007. For further information please contact Jóhann G. Jóhannsson, Ívar Ragnarsson and Herdís Einarsdóttir at Housing Finansing Fund (Tel:+354 569 6900)