News

Treasury Bond Auction Announcement - Exchange Auction - RIKB 21 0805

Series RIKB 21 0805
ISIN IS0000031482
Maturity Date 08/05/2021
Auction Date 11/22/2019
Settlement Date 11/27/2019
10% addition 11/26/2019
 
Buyback issue RIKB 20 0205
Buyback price (clean) 100.50

On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN number and with the Maturity Date according to the table above. Payments for the Treasury Bonds must be received by the Central Bank before 14:00 on the Settlement Date, and the Bonds will be delivered in electronic form on the same day. For an additional 10% see Article 6 of the General Terms of Auction Treasury Bonds.

The value of the buyback issue, together with accrued interest, will constitute payment for the new issued bonds.

No special compensation is paid in relations to purchase of RIKB 20 0205

It should be noted that cash is not accepted. Payment may only be made with the buyback issue at the buyback price. A notification of the amount of securities in the buyback issue must be received no later than by 14:00 a.m. on the day before settlement date.

For further information, please refer to the Government Debt Management website, i.e. for the description of the Treasury bond and the General Terms of Auction of Treasury Bonds.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance of RIKB 21 0805

As stated in paragraph 6 in General Terms of Auction for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 8 November, at the price of accepted bids. This time Primary Dealers did not exercise their right to purchase in RIKB 21 0805. Total outstanding nominal value of RIKB 21 0805 is now 8,775,000,000 kr. Settlement date is 13 November 2019.

Statistics

Date Event

Month

Actual

Last

Source

10.02 Central Bank Policy Rate (7-day term deposits) OCT 3.25% 3.50% CB
09.27 CPI - (YoY) SEP 3.0% 3.2% STI
09.20 Unemployment AUG 3.5% 3.4% VMS
09.20 Building Cost Index (YoY) SEP 146.3 146.3 STI
10.23 Wage Index (MoM) SEP 0.6% -0.1% STI
10.23 Wage Index (YoY) SEP 5.9% 6.0% STI
10.19 Building Cost Index (YoY) NOV 3.8% 3.8% STI
10.10 International Reserves of the CB OCT 703.3B 684.4B CB

Upcoming events

Nov
22

Auction of Treasury Bills

Nov
22

Wage Index

Nov
27

CPI announcement

Auctions

Source GDM
 
Time of close
 
Series
 Actual
Last
auction
Target
amount
Actual
amount
 
Source
11:00 11.10.2019
RIKB 21 0805 3.34% 3.50% Open 2,500m GDM
11:00 27.09.2019
RIKV 20 0316 3.75% 3.80% Open 2,900m GDM
Non-indexed Movement Price Yield
RIKB 20 0205 100.50 3.57
RIKB 21 0805 100.46 3.21
RIKB 22 1026 110.73 3.33
RIKB 25 0612 122.15 3.53
RIKB 28 1115 109.65 3.72
RIKB 31 0124 125.05 3.72
Indexed Movement Price Yield
RIKS 21 0414 103.92 0.94
HFF150224 105.51 1.29
RIKS 26 0216 103.70 0.89
RIKS 30 0701 123.20 0.94
HFF150434 119.65 1.15
HFF150644 133.00 1.18
Data delayed by 15 min.
Current Value 472.20
12 Months Change* 2.79%
3 Months Change* 2.93%
Last Month Change 0.36%
Daily CPI 472.20
* Annualized rates

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