Auction Results - RIKV 07 0702


Today at 11:00 the National Debt Management Agency (NDMA) auctioned Treasury Bills in series RIKV 07 0702. 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 0702 were 25, amounting to 11,200 m.kr. at nominal value. Bids were accepted for 4,000 m.kr. at nominal value with average yield of 13.503%. Highest accepted yield was 13.776% and lowest accepted yield was 13.395%.

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%
27.2.2007	3 months	9,350	2,900	14.129%	15.225%	14.943%
29.3.2007	3 months	11,200	4,000	13.395%	13.776%	13.503%