Issuance of RIKS 33 0321 in foreign exchange auction

| Source: Ríkissjóður Íslands - Lánamál ríkisins

Today, 2 September 2014, an auction was held by The Central Bank of Iceland in which the Bank offered to purchase euros versus payment in the indexed Treasury series RIKS 33 0321. 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 82,122,672 kr. nominal value.

The accepted exchange rate in the auction was 181 krona for each Euro.

On 20 June the fixed price for this Treasury bond was announced as 109.098983 kr. with accrued interest and indexation (e. dirty price) with a settlement date of 5 September 2014 (yield 3.05%)1


1 Clean price being 99.29