Beint í leiðarkerfi vefsins.
The GDM makes an effort to promote liquidity through by issuance into a few benchmark series. The strategy has been to issue mainly Nominal Treasury Bonds and there are now a few benchmarks outstanding. The Inflation-linked Treasury Bond maturing 2015 has been targeted for buyback but the issue maturing in 2021 has been issued as a Benchmark. Type Symbol Maturity Status Nominal T-Bond RIKB 12 0824 Maturing August 24th- year 2012 Benchmark Nominal T-Bond RIKB 13 0517 Maturing May 17th - year 2013 Benchmark I / L T-Bond RIKS 15 1001 Maturing October 1st - year 2015 Non-Benchmark Nominal T-Bond RIKB 16 1013 Maturing October 13th - year 2016 Benchmark Nominal T-Bond RIKB 19 0226 Maturing February 26th - year 2019 Benchmark I / L T-Bond RIKS 21 0414 Maturing April 14th - year 2021 Benchmark Nominal T-Bond RIKB 22 1026 Maturing October 26th - year 2022 Benchmark Nominal T-Bond RIKB 25 0612 Maturing June 12th - year 2025 Benchmark I / L T-Bond RIKS 30 0701 Maturing July 1st - year 2030 Non-Benchmark Nominal T-Bond RIKB 31 0124 Maturing January 24th - year 2031 Benchmark I / L T-Bond RIKS 33 0321 Maturing March 21st - year 2033 Non-Benchmark Nominal Treasury Bonds are auctioned in bi-monthly auctions at preset dates according to an annual auction calendar. Auctions take place through Bloomberg auction system and direct access is limited to Primary Dealers. They however offer to submit bids in auctions on behalf of investors. Secondary market trading in Treasury securities takes place on the NASDAQ OMX Iceland. Treasury Securities are exempt from stamp duty and interest paid to non-residents is subject to witholding tax. They can however apply to the local tax commisioner for tax exemption/reduction if covered by treaty. That is a simple process and can be done through an agent. For more on taxation click here. The Republic of Iceland is rated by Moody’s, Standard & Poor’s and Fitch.
Nominal Treasury Bonds are auctioned in bi-monthly auctions at preset dates according to an annual auction calendar. Auctions take place through Bloomberg auction system and direct access is limited to Primary Dealers. They however offer to submit bids in auctions on behalf of investors.
Secondary market trading in Treasury securities takes place on the NASDAQ OMX Iceland.
The Republic of Iceland is rated by Moody’s, Standard & Poor’s and Fitch.
* Annualized rates