Today at 11 am the Government Debt Management auctioned Treasury Bonds in series RIKB 19 0226 and RIKS 21 0414. 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 19 0226: Number of bids in this series were 31, amounting to 6,976 m.kr. nominal value. 17 bids were accepted for 3,576 m.kr. nominal value at the clean price of 118.05 (yield of 5.99%). RIKS 21 0414: Number of bids in this series were 26, amounting to 5,413 m.kr. nominal value. 20 bids were accepted for 4,313 m.kr. nominal value at the clean price of 102.45 (yield of 3.52%). 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, July 27. 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, July 28, 2010.
Auction result of Nominal and Inflation Linked bonds RIKB 19 0226 and RIKS 21 0414
| Source: Ríkissjóður Íslands - Lánamál ríkisins
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