The Government Debt Management received from Straumur Investment bank hf. on 21 May 2015 a notice of termination of the “Agreement concerning issuance of Treasury securities and market making in the secondary market with the GDM“ signed on 13 March 2015. The termination is based on a mutual termination provision in the agreement and accordingly takes effect two months from the date of the notice of termination.
The reason for the termination of the agreement is the planned merger of Straumur Investment bank and MP bank hf.