Government Debt Management has decided to grant primary dealers a temporary exemption from their obligations in the secondary market. On 9 March, primary dealers are authorised to submit bid and ask quotes in the NASDAQ trading system with twice the maximum spread provided for in Article 3 of the current agreement between primary dealers and the Central Bank of Iceland concerning Treasury bond issuance and market making in the secondary market. This temporary exemption will expire at 10:30 hrs. unless Government Debt Management publishes an announcement to the contrary.
Further information can be obtained from Björgvin Sighvatsson, Director of Government Debt Management, at tel +354 569 9633.