Jul 30 2018
Auction result of T-bills RIKV 19 0315

Series 
RIKV 19 0315
Settlement Date 
 08/01/2018 
Total Amount Allocated (MM) 
 3,500 
All Bids Awarded At (Price / Simple interest) 
 97.295 
 / 
 4.429 
Total Number of Bids Received 
 6 
Total Amount of All Bids Received (MM) 
 3,600 
Total Number of Successful Bids 
 5 
Number of Bids Allocated in Full 
 5 
Lowest Price / Highest Simple Interest Allocated 
 97.295 
 / 
 4.429 
Highest Price / Lowest Simple Interest Allocated 
 97.378 
 / 
 4.289 
Lowest Price / Highest Simple Interest Allocated in Full 
 97.295 
 / 
 4.429 
Weighted Average of Successful Bids (Price/Simple Interest) 
 97.310 
 / 
 4.403 
Best Bid (Price / Simple Interest) 
 97.378 
 / 
 4.289 
Worst Bid (Price / Simple Interest) 
 97.250 
 / 
 4.504 
Weighted Average of All Bids Received (Price / Simple Interest) 
 97.309 
 / 
 4.405 
Percentage Partial Allocation (Approximate) 
 100.00 % 
Bid to Cover Ratio 
 1.03 

More 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)

Results of additional issuance of indexed Treasury bonds RIKS 26 0216

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 21 February, at the price of accepted bids. This time Primary Dealers did not exercise their right to purchase in RIKS 26 0216. Total outstanding nominal value of RIKS 26 0216 is now 14,462,700,000 kr. Settlement date is 26 February 2019.