News

Feb 09 2018
Bond News
Buyback result of nominal bonds RIKH 18 1009

Today at 11:00 pm, Government Debt Management did buy back Treasury Bonds in the series RIKH 18 1009. The auction was structured as a multiple-price auction, i.e. accepted bids were according to the price submitted. 

The main results of the buyback were:

RIKH 18 1009:

Number of bids in this series were 2, amounting to 10,200 m.kr. nominal value.

2 bids were accepted for 10,200 m.kr. nominal value.

Price allocated from 99.980 to 99.990

Feb 07 2018
Bond News
Buyback of Treasury bonds RIKH 18 1009

Government Debt Management has decided not to hold an auction of Treasury bonds on Friday 9 February 2018.  Instead Government Debt Management will offer to buy back bonds using an auction format. The Treasury offers to buy back nominal bonds in series RIKH 18 1009, which matures on 9 October 2018. The purpose of the buyback is to reduce the size of the series which is currently 50 b.kr., and thereby reduce the Treasury’s refinancing risk at maturity.

Press release(pdf) 
Terms of buyback (pdf)

Statistics

Date Event

Month

Actual

Last

Source

02.12 International Reserves of the CB JAN 670,8B 686,1B CB
02.07 Central Bank Policy Rate (7-day term deposits) FEB 4.25% 4.25% CB
02.01 New car registration (MoM) JAN 1,840 1,093 BGS
01.31 Balance of Trade(ISK) DEC -178,3B -151,9B STI
01.30 Expectations Index JAN 121.5 137.0 Capacent
01.29 CPI - (YoY) JAN 2.4% 1.9% STI
01.24 Wage Index (MoM) DEC 0.2% 0.1% STI
01.24 Wage Index (YoY) DEC 6.9% 7.1% STI
01.19 Building Cost Index (YoY) JAN 5.1% 4.8% STI
01.16 Unemployment DEC 2.2% 2.1% VMS
01.15 Credit Card Purchases (YoY) DEC 4.2% 5.4% CB

Upcoming events

Feb
19

Building Cost Index

Feb
22

Wage Index

Feb
27

CPI announcement

Auctions

Source GDM
 
Time of close
 
Series
 
Actual
Last
auction
Target
amount
Actual
amount
 
Source
11:00 01.26.2018
RIKB 22 1026 4.84% 4.97% Open 3,345m GDM
11:00 01.25.2018
RIKV 18 0416 4.20% 4.20% Open 2,230m GDM
Non-indexed Movement Price Yield
RIKV 18 0315 99.73 3.68
RIKV 18 0416 99.34 4.09
RIKV 18 0515 98.99 4.17
RIKV 18 0615 98.62 4.23
RIKB 19 0226 104.25 4.42
RIKB 20 0205 102.80 4.73
RIKB 22 1026 109.63 4.90
RIKB 25 0612 118.12 4.98
RIKB 28 1115 98.71 5.16
RIKB 31 0124 112.30 5.17
Indexed Movement Price Yield
RIKS 21 0414 105.96 1.84
HFF150224 105.42 2.07
RIKS 30 0701 114.11 1.95
HFF150434 113.90 2.02
HFF150644 122.45 2.01
Current Value 446.80
12 Months Change* 2.36%
3 Months Change* 0.09%
Last Month Change -0.09%
Daily CPI 446.80
* Annualized rates

News from Statistics Iceland