Sep 05 2012
GDM measures in connection with Central Bank of Iceland foreign cur
According to a press release from Government Debt Management (GDM) dated 28 March 2011, purchasers of foreign currency in Central Bank of Iceland auctions were authorised to sell the Treasury their Treasury bills and bonds maturing before year-end 2013 in order to finance the purchases.
Based on the experience gained from the most recent auctions, it has been concluded that the risk of undesirable price fluctuation that gave rise to this authorisation is negligible. As a result, it has been decided to discontinue the practise of accepting Treasury bonds in connection with upcoming Central Bank foreign currency auctions.

Press release (Pdf)

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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.