Wednesday July 18 at 14:00, the National Debt Management Agency (NDMA) will
auction Treasury Notes in series RIKB 09 0612.
This is a nominal issue with an annual coupon of 8,5% and a final maturity date
on June 12, 2009.
In this auction the amount offered will be in the range of ISK 2,500 to 5,000
million at nominal value. Only Primary Dealers in Government Securities can
directly submit bids in this auction, but they also offer to submit bids on
behalf of investors. The minimum amount of each bid is ISK 1 million nominal
value.
Settlement date is Friday July 20, 2007.
In this auction the National Debt Management Agency (NDMA) will be offering
series:
Series:
RIKB 09 0612
ISIN:
IS0000014900
Final maturity date:
June 12, 2009
Outstanding nominal in m.kr.:
ISK 2,550M
Time to Maturity:
Currently 1.85 years
After the results of the competitive auction are available, the NDMA will offer
the equivalent of 10% of the nominal amount sold in a non-competitive auction
until 14:00 hrs July 20, 2007. Only Primary Dealers will have the option to
purchase an amount equal to their market share in the competitive auction at
the weighted average yield of the current competitive auction. Settlement date
is one day after business day (T+1).
For further information please contact Jon Sigurdur Thorarinsson, tel +354 540
7500.
National Debt Management Agency, Iceland
