Issuance of RIKS 30 0701 in connection with capital account liberalisation


Today, 16 August 2011, the Central Bank of Iceland published the results of the second auction, in which the Bank offered to purchase euros versus payment in the indexed Treasury series RIKS 30 0701. This measure is an element in the removal of restrictions on capital account transactions and will reduce the annual Treasury’s refinancing need. Bonds sold in the series amounted to 711,874,251 kr. nominal value.

See attached news release from Central Bank of Iceland


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