In an announcement from Government Debt Management (GDM) dated 17 April 2012, it is stated that purchasers of foreign currency in upcoming Central Bank of Iceland auctions can sell the GDM their Treasury bills and bonds maturing before year-end 2013 so as to finance the purchases. On 3 May, GDM announced the terms offered to purchasers of foreign currency in the auction, held yesterday, 8 May.

On behalf of the Treasury, GDM did not purchase any Treasury bonds.

Press release.pdf