On June 19, the Icelandic Government announced a supplementary issue of short-term Treasury notes for a total of up to 75 billion krónur. Regarding the announcement the Central Bank of Iceland will conduct auction on two series of Treasury notes for a total of up to 25 billion krónur. On Thursday, 26 June, 2008, at 14:00, the Central Bank of Iceland will conduct the auction on the series RIKB 08 1212 and RIKB 09 0612. The maximum total amount offered in this auction will be 15,000 m.kr. nominal value in the series RIKB 08 1212 and 10,000 m.kr. nominal value in the series RIKB 09 0612. Only primary dealers in Government securities are authorised to submit bids in this auction. They also submit bids on behalf of investors. The minimum amount of each bid is 1 m.kr. nominal value. The payment and settlement date is Monday, 30. June, 2008. For this auction, the Central Bank requests bids for the following series: Series RIKB 08 1212 RIKB 09 0612 Maturity date Dec 12, 2008 June 12, 2009 Outstanding 37,350 m.kr. 15,505 m.kr. Time to maturity 6.0 month 12 month Further information can be obtained from Bjorgvin Sighvatsson, International and Market Department, Central Bank of Iceland, at +354 569 9633.
Special auction announcement - Treasury Notes RIKB 08 1212 and RIKB 09 0612
| Source: Ríkissjóður Íslands - Lánamál ríkisins