On Friday, 6 April 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 103.575 (104.629795 with accrued interest per 100 nominal value) – with settlement on 11 April 2018. To clarify, this price is equivalent to 4.49% yield. The value of the bond, together with accrued interest, will constitute payment for the new issued bonds.
Given the size of RIKB 20, investors are encouraged to take advantage of this opportunity to participate in the switch auction and acquire RIKB 20.
Terms of Swichoperation (pdf)