Rules on Central Bank of Iceland securities lending facilities on behalf of the Treasury for primary dealers

These rules are set on the basis of Article 9 of the agreement dated June 2,
2009, between the Central Bank of Iceland, on behalf of the Treasury, and
primary dealers, concerning the Treasury bond issuance and market making in the
secondary market. 

According to the agreement, primary dealers have the option of borrowing
Treasury securities (hereinafter referred to as loaned securities) from the
Central Bank upon submittal of collateral