- Auction of Treasury Bills


Wednesday, May 30th at 11:00, the National Debt Management Agency (NDMA) will
auction Treasury Bills.

In this auction the amount offered will be in the range of ISK 2,500 to 5,000
million nominal value. Only Primary Dealers in Government Securities can
directly submit bids in the auction, but they also offer to submit bids on
behalf of investors. The minimum amount of each bid is ISK 1 million nominal
value. 

Settlement date is Friday June 1st, 2007.

The following series will be auctioned:

Series
RIKV 07 0903
Maturity Date
September 3rd, 2007
Time to maturity
3 months

The Treasury Bill above will be listed on Iceland Stock Exchange on Friday June
1st, 2007, and Market Making will commence on the same day. 

For further information please contact Jon Sigurdur Thorarinsson, tel. +354 540
7500. 

Attachments

bloomberg.pdf terms.pdf press release.pdf