May 09 2017
Auction of Treasury bills RIKV 17 1115

On Thursday, 11 May at 11:00 a.m. Government Debt Management will conduct an auction of Treasury bills RIKV 17 1115 which mature on 15 November 2017.

Press release (pdf)
Auction terms (pdf) 

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Feb 09 2018
Bond News
Buyback result of nominal bonds RIKH 18 1009

Today at 11:00 pm, Government Debt Management did buy back Treasury Bonds in the series RIKH 18 1009. The auction was structured as a multiple-price auction, i.e. accepted bids were according to the price submitted. 

The main results of the buyback were:

RIKH 18 1009:

Number of bids in this series were 2, amounting to 10,200 m.kr. nominal value.

2 bids were accepted for 10,200 m.kr. nominal value.

Price allocated from 99.980 to 99.990

Feb 07 2018
Bond News
Buyback of Treasury bonds RIKH 18 1009

Government Debt Management has decided not to hold an auction of Treasury bonds on Friday 9 February 2018.  Instead Government Debt Management will offer to buy back bonds using an auction format. The Treasury offers to buy back nominal bonds in series RIKH 18 1009, which matures on 9 October 2018. The purpose of the buyback is to reduce the size of the series which is currently 50 b.kr., and thereby reduce the Treasury’s refinancing risk at maturity.

Press release(pdf) 
Terms of buyback (pdf)

Feb 07 2018
Monetary Policy
MPC decision on interest rates

The Monetary Policy Committee (MPC) of the Central Bank of Iceland has decided to keep the Bank’s interest rates unchanged. The Bank’s key interest rate – the rate on seven-day term deposits – will therefore remain 4.25%.

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Jan 30 2018
Bond News
Results of additional issuance 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 26 January, at the price of accepted bids. This time Primary Dealers did not exercise their right to purchase in RIKB 22 1026. Total outstanding nominal value of RIKB 22 1026 after the auction is now 70,453,000,000. Settlement date is 31 January 2018.