Measures taken on bond market

28.03.11
Measures taken on bond market

As is stated in the 25 March press release from the Ministry of Economic Affairs, the capital account liberalisation process aims to minimise the negative impact on the bond market. In view of this, Government Debt Management (GDM) has made an agreement with the primary dealers that GDM will keep a close watch on bond market developments and will support the market with the purchase and/or sale of Treasury bonds on Monday 28 March, if deemed necessary. In addition, GDM and primary dealers have made an agreement where parties that purchase foreign currency in upcoming Central Bank of Iceland auctions can sell the Treasury their Treasury bills and bonds maturing before year-end 2013 so as to finance the purchases.
The purpose of this is to counteract the volatility and uncertainty that may develop in the market.

Further information can be obtained from Ingvar H. Ragnarsson at the Ministry of Finance, at tel +354 545 9200, and from Björgvin Sighvatsson at Government Debt Management, at tel +354 569 9633.

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Aðrar fréttir

Nov 20 2024
Treasury Bonds
Treasury Bond Auction Announcement - RIKB 27 0415 - RIKB 35 0917 - Switch Auction
Series RIKB 27 0415 RIKB 35 0917
ISIN IS0000036291 IS0000035574
Maturity Date 04/15/2027 09/17/2035
Auction Date 11/22/2024 11/22/2024
Settlement Date 11/27/2024 11/27/2024
 
Buyback issue RIKB 25 0612  
Buyback price (clean) 99.6500  

On the Auction Date, between 10:30 a.m. and 11:00 a.m., the Government Debt Management will auction Treasury bonds in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can only be made with the Buyback issue at the Buyback price. Cash is not accepted.

The value of the Buyback bond is determined by the Buyback price plus accrued interest (i.e. dirty price). The bonds must be delivered to the Central Bank before 14:00 on the Settlement Date.

No fee is paid in relation to the purchase of RIKB 25 0612.

Further reference is made to the description of the Treasury bond and the General Terms of Auction of Treasury Bonds.

For additional information please contact Tryggvi Freyr Harðarson, Government Debt Management, at +354 569 9630.
Nov 14 2024
Treasury Bills
Treasury Bill Auction Announcement - RIKV 25 0219 - RIKV 25 0521
Series RIKV 25 0219 RIKV 25 0521
ISIN IS0000036598 IS0000036986
Maturity Date 02/19/2025 05/21/2025
Auction Date 11/18/2024 11/18/2024
Settlement Date 11/20/2024 11/20/2024

On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bills in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bills must be received by the Central Bank before 14:00 on the Settlement Date and the Bills will be delivered in electronic form on the same day.

Further reference is made to the General Terms of Icelandic Treasury bills and General Terms of Auction for Treasury bills on the Government Debt Management website.

For additional information please contact Tryggvi Freyr Harðarson, Government Debt Management, at +354 569 9630.