News

Mar 14 2019
Primary Dealers
Signing of Agreements with Primary Dealers

Today the Government Debt Management on behalf of the Treasury and primary dealers signed agreements regarding Issuance and Market Making in Treasury securities. The objective of the agreements is to maintain the Treasury’s access to financing and to enhance price formation in the secondary market for Treasury securities.

As of 1 April 2019, four financial institutions have been appointed as “primary dealers in Treasury securities”. They are: Arion Banki hf., Islandsbanki hf., Kvika banki hf. and Landsbankinn hf.

Press release (pdf)
Sample of Agreement (pdf)

Statistics

Date Event

Month

Actual

Last

Source

02.27 CPI - (YoY) FEB 3.0% 3.4% STI
02.27 Expectations Index FEB 90.4 93.7 Gallup
02.13 Unemployment JAN 3.0 2.7% VMS
02.06 Central Bank Policy Rate (7-day term deposits) DEC 4.50% 4.50% CB
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

Mar
27

CPI announcement

Mar
28

Auction of Treasury Bonds

Mar
29

Balance of Trade

Auctions

Source GDM
 
Time of close
 
Series
 
Actual
Last
auction
Target
amount
Actual
amount
 
Source
11:00 22.02.2019
RIKV 19 0618 4.50% -      Open 3,811m GDM
11:00 21.02.2018
RIKS 26 0216 1.41% 1.42% Open 1,850m GDM
Non-indexed Movement Price Yield
RIKB 20 0205 101.20 4.80
RIKB 22 1026 107.53 4.90
RIKB 25 0612 116.11 4.93
RIKB 28 1115 100.61 4.92
RIKB 31 0124 113.95 4.92
Indexed Movement Price Yield
RIKS 21 0414 105.46 1.11
HFF150224 106.30 1.38
RIKS 26 0216 102.05 1.19
RIKS 30 0701 121.63 1.19
HFF150434 118.08 1.40
HFF150644 130.48 1.40
Current Value 462.90
12 Months Change* 2.98%
3 Months Change* 2.10%
Last Month Change 0.19%
Daily CPI 462.90
* Annualized rates

News from Statistics Iceland