Securities purchased from owners of offshore krónur


The Central Bank of Iceland has purchased offshore krónur in the amount of 90 b.kr. The krónur were in the form of cash and bonds issued by the Treasury and the Housing Financing Fund. The purchase price of the bonds was based on the best bid yield as of the close of business on Friday 10 March 2017.

The table below gives a breakdown of the bonds purchased by the Central Bank. The settlement date for the trades will be 31 March. 

Series Nominal value Clean price Dirty price Yield Market value
RIKB 19 0226 15,882,501,000 106.956 1.077471 4.84% 17,112,933,583
RIKB 20 0205 4,750,000,000 103.440 1.043647 4.92% 4,957,321,233
RIKB 22 1026 6,295,276,492 111.180 1.142786 4.90% 7,194,155,739
RIKB 25 0612 4,123,450,000 120.273 1.266730 4.93% 5,223,297,819
RIKB 31 0124 962,500,000 114.905 1.160803 4.96% 1,117,273,296
RIKH 18 1009 4,350,000,000 99.750 1.000403 5.03% 4,351,752,083
RIKV 17 0418 8,000,000,000 99.670 0.996700 6.62% 7,973,600,000
RIKV 17 0515 7,465,000,000 99.270 0.992700 5.88% 7,410,505,500
RIKV 17 0717 1,665,000,000 98.390 0.983900 5.45% 1,638,193,500
RIKV 17 0815 1,930,000,000 97.940 0.979400 5.53% 1,890,435,000
HFF 150434 617,000,000 108.436 1.461272 2.72% 901,605,005
HFF 150644 1,153,000,000 113.923 1.773977 2.65% 2,045,395,992
  57,193,727,492       61,816,468,750

Other owners of offshore krónur will be offered to conclude transactions with the Central Bank on the same terms—i.e., at an exchange rate of 137.5 kr. per euro—and deliver bonds at that same price. Further information on this will be published in due course.