Apr 13 2018
Auction result of nominal T-bonds RIKB 22 1026 & RIKB 28 1115

  

Series 
RIKB 22 1026
RIKB 28 1115
Settlement Date 
 04/18/2018 
 04/18/2018 
Total Amount Allocated (MM) 
 4,470 
 1,390 
All Bids Awarded At (Price / Yield) 
 108.574 
 / 
 5.070 
 97.180 
 / 
 5.350 
Total Number of Bids Received 
 27 
 12 
Total Amount of All Bids Received (MM) 
 5,770 
 1,590 
Total Number of Successful Bids 
 20 
 11 
Number of Bids Allocated in Full 
 20 
 11 
Lowest Price / Highest Yield Allocated 
 108.574 
 / 
 5.070 
 97.180 
 / 
 5.350 
Highest Price / Lowest Yield Allocated 
 108.800 
 / 
 5.020 
 97.350 
 / 
 5.330 
Lowest Price / Highest Yield Allocated in Full 
 108.574 
 / 
 5.070 
 97.180 
 / 
 5.350 
Weighted Average of Successful Bids (Price/Yield) 
 108.686 
 / 
 5.040 
 97.247 
 / 
 5.340 
Best Bid (Price / Yield) 
 108.800 
 / 
 5.020 
 97.350 
 / 
 5.330 
Worst Bid (Price / Yield) 
 108.491 
 / 
 5.090 
 97.117 
 / 
 5.360 
Weighted Average of All Bids Received (Price / Yield) 
 108.650 
 / 
 5.050 
 97.230 
 / 
 5.350 
Percentage Partial Allocation (Approximate) 
 100.00 % 
 100.00 % 
Bid to Cover Ratio 
 1.29 
 1.14 

More news

Switch auction of nominal bonds RIKB 20 0205

On Friday, 18 May at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. 

In this auction nominal bonds RIKB 20 0205 will be offered. The total amount of accepted bids will be announced after the auction. 

NOTE it is only possible to purchase bonds in RIKB 20 0205 with the sale of RIKB 19 0226, which matures on 26 February 2019. Government Debt Management will purchase RIKB 19 0226 at a pre-determined price – that is, at a clean price of 103.090 (105.151644 with accrued interest per 100 nominal value) – with settlement on 23 May 2018. To clarify, this price is equivalent to 4.50% yield. The value of the bond, together with accrued interest, will constitute payment for the new issued bonds. 

Given the size of RIKB 20 0205, investors are encouraged to take advantage of this opportunity to participate in the switch auction and acquire RIKB 20 0205.

Press release(pdf)
Terms of Swichoperation (pdf)

Results of additional issuance of Treasury bonds RIKB 28 1115 and RIKB 22 1026

As stated in paragraph 5 of Terms of Invitation to Tender for Treasury bonds, the Government Debt Management offered the equivalent of 10% of the nominal value sold in the auction 4 May, at the price of accepted bids. This time Primary Dealers did exercise their right to purchase in RIKB 28 1115 for 120 m.kr. and in RIKB 22 1026 for 142 m.kr. Total outstanding nominal value of RIKB 28 1115 after the auction is now 53,868,601,519 kr. and RIKB 22 1026 is now 81,602,800,000 kr. Settlement date is 9 May 2018.