- Auction of Treasury Notes RIKB 09 0612 Additional Issuance


As stated in paragraph 5 of Terms of Invitation to Tender for Treasury Notes,
the NMDA offered the equivalent of 10% of the amount sold to Primary Dealers in
a non-competitive auction. Each Primary Dealer had the option to purchase an
amount equal to its market share in the competitive auction, held on July 18th,
at the weighted average yield of the current competitive auction. This time
Primary Dealers did exercise their right to purchase ISK 375 million at the
non-competitive price. Therefore the total amount issued in Treasury Note
Series RIKB 09 0612 in both the competitive and non-competitive part of the
auction is ISK 4,125 million nominal value.