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)

More news

Results of additional issuance of Treasury bonds RIKB 28 1115

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 10 May, at the price of accepted bids. This time Primary Dealers did not exercise their right to purchase in RIKB 28 1115. Total outstanding nominal value of RIKB 28 1115 is now 59,751,601,519 kr. Settlement date is 15 May 2019.