The Housing Financing Fund - Results of HFF Bond Auction

The following bids were accepted:

HFF150644, nominal amount of ISK 3.310 billion which match ISK 5.790 billion at market value, weighted yield without commission is 2.57%

The total weighted yield of the accepted bids, without commission was 2.57% and with commission 2.58%. Settlement date will be January 23^th 2012.

For further information please contact Sigurður Jón Björnsson Tel +354 569-6990 and Herdís Einarsdóttir Tel +354 569-6993.

The Housing Financing Fund (HFF) announces the results of an HFF bond auction on January 16th 2012. Valid bids submitted amounted to ISK 12.555 billion at nominal value which match ISK 20.557 billion at market value.