Auction results, Inflation-linked Bonds RIKS 21 0414

Today at 11:00 o'clock the Central Bank of Iceland auctioned second time
inflation-linked Treasury bonds in series RIKS 21 0414. The auction was
structured as a single-price auction which means that all accepted bids are
offered at the same price. The highest accepted yield determines the price. 

The main results of the auction were:

Number of bids were 38, amounting to ISK 13,721 million nominal value. Bids
were accepted for ISK 6,471 million nominal value at real yield of 3.69%. 

After the results of the auction are available, the Central Bank will offer
primary dealers 10% of the nominal value sold in the auction at the price of
accepted bids, until 14:00 on Thursday, April 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, 28 April 2010.