Today the National Debt Management Agency (NDMA) auctioned Treasury Notes in
series RIKB 08 1212. In this auction the offered amount ranged from 500 to
1,500 m.kr. nominal value.
The main results of the auction were:
Number of bids in RIKB 08 1212 were 20, amounting to ISK 4,300 million nominal
value. Bids were accepted for ISK 1,300 million nominal value at average yield
of 12.86%. Highest accepted yield was 12.88% and lowest accepted yield was
12.84%.
The NDMA offers the equivalent of 10% of the amount sold in this auction to
Primary Dealers in a non-competitive auction which equals ISK 130 million. A
Primary Dealer will have the option to purchase an amount equal to its market
share in the competitive auction at the weighted average yield of the current
competitive auction. Settlement date is one day after business day, that is
T+1.
The Auction results for Treasury Notes in series RIKB 08 1212 are the following
(nominal value):
See attachement.
