Auction results RIKB 11 0722

Today at 11:00 am the Government Debt Management auctioned nominal Treasury
bonds in series RIKB 11 0722.  The auction was structured as a single-price
auction which means that all accepted bids are offered to the bidders at the
same price. The lowest accepted price (highest yield) determines the selling
price. 


The main results of the auction were:


RIKB 11 0722
Number of bids in this series were 22, amounting to 5,750 m.kr. nominal value.
Bids were accepted for 3,150 m.kr. nominal value at the clean price of 102.06
(yield of 6.22%). 


After the results of the auction are available, the GDM will offer primary
dealers 10% of the nominal value sold in the auction at the price of accepted
bids, until 14:00 on Tuesday, 13. April. Each primary dealer that has submitted
an accepted bid in the auction has the right to purchase an amount proportional
to its total purchase. The payment and settlement date for these transactions
is Wednesday, 14. April 2010.