OMX Nordic Exchange in Iceland believes that full harmonization with
international money-market practices is important and has decided, following a
review process, to recommend to market participants that their price
calculations for bills follow the recommendations below.
OMX Nordic Exchange in Iceland recommends that bills be priced using simple
interest rates in accordance with international practice.
Further details can be seen in the attachment.
For more information, please contact Brynjar Orn Olafsson
(brynjar.olafsson@omxgroup.com, tel. +354 525-2856).
