Participants whose bids are accepted in the Central Bank of Iceland foreign currency auction on 28 March 2012 have the option of selling Treasury bills and bonds maturing before year-end 2013 in order to finance the foreign currency purchase. According to the Government Debt Management press release of 14 March 2012, the asking price for Treasury securities would be published on 22 March 2012.
Parties that have approved offers in the Central Bank’s foreign currency auction have the option of selling their Treasury securities to Government Debt Management on the following terms, subject to settlement on 2 April 2012.
| Series | Price | Flat interest | Series | Clean price | Yield |
| RIKV 12 0416 | 99.875 | 3.22% | RIKB 12 0824 | 100.055 | 4,05% |
| RIKV 12 0515 | 99.615 | 3.24% | RIKB 13 0517 | 103.040 | 4,40% |
| RIKV 12 0615 | 99.265 | 3.60% | |||
| RIKV 12 0716 | 98.960 | 3.60% | |||
| RIKV 12 0815 | 98.520 | 4.01% | |||
| RIKV 12 0917 | 98.165 | 4.01% |
Market makers that intend to act as intermediaries for foreign exchange transactions involving the above-specified Treasury securities must so inform Government Debt Management no later than 9:00 hrs. on 29 March 2012. The Treasury securities must be delivered to Government Debt Management no later than 11:00 hrs. on 2 April 2012. Payments will take place following the delivery of the securities, and no later than at 16:00 hrs. that same day.
