The Housing Financing Fund has decided to auction HFF150914, HFF150224,
HFF150434 and HFF150644. In this auction The Housing Financing Fund aims to
accept bids up to ISK 5.000.000.000 at nominal value. The Housing Financing
Fund reserves the right to increase the amount accepted and accept any bid or
reject them all. According to primary dealership agreement between the Housing
Financing Fund and Kaupthing, Glitnir Bank, Landsbanki Íslands. Straumur -
Burðarás Investment Bank, MP Investment Bank and Saga Capital Investment Bank,
these members will only have the right to bid in the auction.
Bids are hereby requested by the Housing Financing Fund in accordance with the
following: See attachment.
Bids shall be submitted to the Finance Division of the Housing Financing Fund,
Höfðaborg, Borgartún 21, Reykjavík, Iceland before 09:00 hrs. on Thursday
December 13th , 2007. All bids will be answered before 09.45 hrs. on Thursday
December 13th , 2007.
Bids shall be submitted to the Housing Financing Fund enclosed in a sealed
envelope. Bids may also be submitted by e-mail to fjarstyring@ils.is or by fax
to (+354) 569-6890 on the bidding day after prior confirmation by telephone
call to the Housing Financing Fund's Finance Division on tel. (+354) 569-6990.
