Lánamál

Auction result of Treasury Bonds - RIKS 29 0917 - RIKS 37 0115

Fri, 06 Mar 2026 11:32:00 GMT

Treasury Bond Auction Announcement - RIKS 29 0917 - RIKS 37 0115

Wed, 04 Mar 2026 15:33:00 GMT

Series	RIKS 29 0917	RIKS 37 0115
ISIN	IS0000037711	IS0000033793
Maturity Date	09/17/2029	01/15/2037
Auction Date	03/06/2026	03/06/2026
Settlement Date	03/11/2026	03/11/2026
10% addition	03/10/2026	03/10/2026

On the Auction Date, between 10:30 am and 11:00 am, 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. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date, and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Magnús Freyr Hrafnsson, Government Debt Management, at +354 569 9679.

Results of additional issuance - RIKB 28 1115 - RIKB 38 0215

Tue, 24 Feb 2026 15:33:00 GMT

Auction result of Treasury Bonds - RIKB 28 1115 - RIKB 38 0215

Fri, 20 Feb 2026 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 28 1115 - RIKB 38 0215

Wed, 18 Feb 2026 15:33:00 GMT

Series	RIKB 28 1115	RIKB 38 0215
ISIN	IS0000028249	IS0000037265
Maturity Date	11/15/2028	02/15/2038
Auction Date	02/20/2026	02/20/2026
Settlement Date	02/25/2026	02/25/2026
10% addition	02/24/2026	02/24/2026

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 35 0917 - RIKS 29 0917

Tue, 10 Feb 2026 15:33:00 GMT

Market Information in February 2026

Mon, 09 Feb 2026 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bills - RIKV 26 0819

Mon, 09 Feb 2026 11:32:00 GMT

Auction result of Treasury Bonds - RIKB 35 0917 - RIKS 29 0917

Fri, 06 Feb 2026 11:32:15 GMT

Treasury Bill Auction Announcement - RIKV 26 0819

Thu, 05 Feb 2026 15:33:00 GMT

Series	RIKV 26 0819
ISIN	IS0000038784
Maturity Date	08/19/2026
Auction Date	02/09/2026
Settlement Date	02/11/2026

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 number and with the Maturity Date 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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Treasury Bond Auction Announcement - RIKB 35 0917 - RIKS 29 0917

Wed, 04 Feb 2026 15:43:48 GMT

Series	RIKB 35 0917	RIKS 29 0917
ISIN	IS0000035574	IS0000037711
Maturity Date	09/17/2035	09/17/2029
Auction Date	02/06/2026	02/06/2026
Settlement Date	02/11/2026	02/11/2026
10% addition	02/10/2026	02/10/2026

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 28 1115 - RIKS 37 0115

Tue, 27 Jan 2026 15:33:00 GMT

Size of RIKS 26 0216

Mon, 26 Jan 2026 15:32:00 GMT

Size of RIKS 26 0216

Fri, 23 Jan 2026 15:32:00 GMT

Auction result of Treasury Bonds - RIKB 28 1115 - RIKS 37 0115

Fri, 23 Jan 2026 11:31:00 GMT

Treasury Bond Auction Announcement - RIKB 28 1115 - RIKS 37 0115

Wed, 21 Jan 2026 15:43:28 GMT

Series	RIKB 28 1115	RIKS 37 0115
ISIN	IS0000028249	IS0000033793
Maturity Date	11/15/2028	01/15/2037
Auction Date	01/23/2026	01/23/2026
Settlement Date	01/28/2026	01/28/2026
10% addition	01/27/2026	01/27/2026

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Auction result of Treasury Bills - RIKV 26 0715

Mon, 19 Jan 2026 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 26 0715

Thu, 15 Jan 2026 15:33:00 GMT

Series	RIKV 26 0715
ISIN	IS0000038735
Maturity Date	07/15/2026
Auction Date	01/19/2026
Settlement Date	01/21/2026

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 38 0215 - RIKS 29 0917

Tue, 13 Jan 2026 15:43:46 GMT

Market Information in January 2026

Fri, 09 Jan 2026 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bonds - RIKB 38 0215 - RIKS 29 0917

Fri, 09 Jan 2026 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 38 0215 - RIKS 29 0917

Wed, 07 Jan 2026 15:41:27 GMT

Series	RIKB 38 0215	RIKS 29 0917
ISIN	IS0000037265	IS0000037711
Maturity Date	02/15/2038	09/17/2029
Auction Date	01/09/2026	01/09/2026
Settlement Date	01/14/2026	01/14/2026
10% addition	01/13/2026	01/13/2026

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Quarterly Government Debt Management Prospect

Mon, 29 Dec 2025 16:17:18 GMT

Q1/2026

In Q1, Government bonds will be offered for sale in the amount of 40-60 b.kr. market value.
The bonds that could conceivably be offered are all benchmark Government issues, and issue size and market conditions will determine how much, if any, will be sold in each series.
It is possible that switch auctions of RIKS 26 0216 and RIKB 26 1015 will be held during the quarter.

GDM Q1 Prospect 2026.pdf

Government Debt Management Prospect 2026

Mon, 29 Dec 2025 16:05:13 GMT

Government bond issuance for 2026 is estimated at 200 b.kr. market value.
It is planned to issue a new nominal bond maturing in 2029. The size of the series concerned and market conditions will determine the amount sold in individual benchmark series.
It is possible that the Treasury’s year-2026 borrowing need will be met in part with issuance of Treasury bills, drawdowns of foreign deposits held in the Treasury’s current account with the Central Bank of Iceland, and the sale of a portion of the Housing Fund’s loan portfolio.

GDM Prospect 2026.pdf

Auction of Treasury Bills cancelled

Thu, 11 Dec 2025 15:33:00 GMT

The Government Debt Management has decided to cancel the auction of Treasury Bills planned for 15 December 2025.

Auction of Treasury bonds cancelled

Wed, 10 Dec 2025 15:33:00 GMT

The Government Debt Management has decided to cancel the auction of Treasury bonds planned for 12 December 2025 since the target amount for the year has been reached.

Market Information in December 2025

Tue, 09 Dec 2025 15:30:00 GMT

Updated December 11, 2025

Market Information (pdf)

Size of RIKS 26 0216

Mon, 08 Dec 2025 15:56:21 GMT

Auction result of Treasury Bonds - RIKB 38 0215 - RIKS 29 0917

Fri, 05 Dec 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 38 0215 - RIKS 29 0917 - Switch Auction

Wed, 03 Dec 2025 15:33:00 GMT

Series	RIKB 38 0215	RIKS 29 0917
ISIN	IS0000037265	IS0000037711
Maturity Date	02/15/2038	09/17/2029
Auction Date	12/05/2025	12/05/2025
Settlement Date	12/10/2025	12/10/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	98.9200

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 RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 27 0415 - RIKS 37 0115

Tue, 25 Nov 2025 15:33:00 GMT

Size of RIKS 26 0216

Tue, 25 Nov 2025 11:53:15 GMT

Auction result of Treasury Bonds - RIKB 27 0415 - RIKS 37 0115

Fri, 21 Nov 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 27 0415 - RIKS 37 0115 - Switch Auction or Cash

Wed, 19 Nov 2025 15:35:06 GMT

Series	RIKB 27 0415	RIKS 37 0115
ISIN	IS0000036291	IS0000033793
Maturity Date	04/15/2027	01/15/2037
Auction Date	11/21/2025	11/21/2025
Settlement Date	11/26/2025	11/26/2025
10% addition	11/25/2025	11/25/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	99.0740

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. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

Payment in cash for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date. If payment is made with the Buyback issue, a notification of the amount must be received no later than by 14:00 on the Auction Date. In that case, the value of the Buyback bond is determined by the Buyback price plus accrued interest and indexation (i.e. dirty price).

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Auction result of Treasury Bills - RIKV 26 0318 - RIKV 26 0520

Mon, 17 Nov 2025 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 26 0318 - RIKV 26 0520

Thu, 13 Nov 2025 15:33:00 GMT

Series	RIKV 26 0318	RIKV 26 0520
ISIN	IS0000038016	IS0000038487
Maturity Date	03/18/2026	05/20/2026
Auction Date	11/17/2025	11/17/2025
Settlement Date	11/19/2025	11/19/2025

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 38 0215 - RIKS 50 0915

Tue, 11 Nov 2025 15:33:00 GMT

Market Information in November 2025

Mon, 10 Nov 2025 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bonds - RIKB 38 0215 - RIKS 50 0915

Fri, 07 Nov 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 38 0215 - RIKS 50 0915

Wed, 05 Nov 2025 15:33:00 GMT

Series	RIKB 38 0215	RIKS 50 0915
ISIN	IS0000037265	IS0000037794
Maturity Date	02/15/2038	09/15/2050
Auction Date	11/07/2025	11/07/2025
Settlement Date	11/12/2025	11/12/2025
10% addition	11/11/2025	11/11/2025

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Magnús Freyr Hrafnsson, Government Debt Management, at +354 569 9679.

Results of additional issuance - RIKS 50 0915

Tue, 21 Oct 2025 15:33:00 GMT

Market making for RIKS 50 0915 begins

Mon, 20 Oct 2025 15:33:00 GMT

Following the auction held on October 17, 2025, and with reference to the Primary Dealer Agreement concerning issuance of government securities and market making in the secondary market dated March 21, 2025, it has been decided to begin market making with RIKS 50 0915 from the Settlement date of the auction, i.e. October 22, 2025. Primary dealers will be obliged to submit bids and offers for a minimum nominal value of 50 m.kr. in the series. From the same date repo facilities to each primary dealer will be 2 bn.kr. nominal value.

Further information can be obtained from Government Debt Management at tel: +354 569 9994 or by email to lanamal@lanamal.is.

Auction result of Treasury Bonds - RIKS 50 0915

Fri, 17 Oct 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKS 50 0915 - Switch Auction or Cash payment

Wed, 15 Oct 2025 15:33:00 GMT

Series	RIKS 50 0915
ISIN	IS0000037794
Maturity Date	09/15/2050
Auction Date	10/17/2025
Settlement Date	10/22/2025
10% addition	10/21/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	98.4800

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 number and with the Maturity Date according to the table above. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Auction result of Treasury Bills - RIKV 26 0121 - RIKV 26 0415

Mon, 13 Oct 2025 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 26 0121 - RIKV 26 0415

Thu, 09 Oct 2025 15:33:00 GMT

Series	RIKV 26 0121	RIKV 26 0415
ISIN	IS0000038263	IS0000038271
Maturity Date	01/21/2026	04/15/2026
Auction Date	10/13/2025	10/13/2025
Settlement Date	10/15/2025	10/15/2025

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Market Information in October 2025

Thu, 09 Oct 2025 15:30:00 GMT

Market Information (pdf)

Results of additional issuance - RIKB 35 0917 - RIKS 29 0917

Tue, 07 Oct 2025 15:33:00 GMT

Auction result of Treasury Bonds - RIKB 35 0917 - RIKS 29 0917

Fri, 03 Oct 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 35 0917 - RIKS 29 0917 - Switch Auction or Cash

Wed, 01 Oct 2025 16:03:14 GMT

Series	RIKB 35 0917	RIKS 29 0917
ISIN	IS0000035574	IS0000037711
Maturity Date	09/17/2035	09/17/2029
Auction Date	10/03/2025	10/03/2025
Settlement Date	10/08/2025	10/08/2025
10% addition	10/07/2025	10/07/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	98.2700

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. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Quarterly Government Debt Management Prospect

Tue, 30 Sep 2025 15:48:16 GMT

Fourth quarter 2025

In Q4, Government bonds will be offered for sale in the amount of 24 b.kr. market value.
The bonds that could conceivably be offered are all benchmark Government issues, and issue size and market conditions will determine how much, if any, will be sold in each series.
During the quarter, it is planned to issue bonds in the inflation-linked RIKS 50 0915 series, with market making.
There is the possibility of switch auctions or buybacks of RIKS 26 0216 during the quarter.

GDM Q4 Prospect 2025.pdf

Issuance of RIKS 34 1016

Tue, 30 Sep 2025 12:16:00 GMT

In relation to the switch auction of ÍL Fund today, the Icelandic Treasury will issue RIKS 34 1016 (ISIN: IS0000037737) in the nominal amount of 1,420,000,000 kr.

The government bonds are subject to the "General terms and conditions for Icelandic Government bonds" and "Specific terms" for the bond series, which can be accessed on the Government Debt Management website, www.lanamal.is.

Results of additional issuance - RIKB 42 0217

Tue, 23 Sep 2025 15:50:36 GMT

Auction result of Treasury Bonds - RIKB 42 0217

Fri, 19 Sep 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 42 0217

Wed, 17 Sep 2025 15:33:00 GMT

Series	RIKB 42 0217
ISIN	IS0000033884
Maturity Date	02/17/2042
Auction Date	09/19/2025
Settlement Date	09/24/2025
10% addition	09/23/2025

On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN number and with the Maturity Date according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Auction result of Treasury Bills - RIKV 26 0318

Mon, 15 Sep 2025 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 26 0318

Thu, 11 Sep 2025 15:33:00 GMT

Series	RIKV 26 0318
ISIN	IS0000038016
Maturity Date	03/18/2026
Auction Date	09/15/2025
Settlement Date	09/17/2025

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 27 0415 - RIKB 38 0215

Tue, 09 Sep 2025 15:33:00 GMT

Market Information in September 2025

Tue, 09 Sep 2025 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bonds - RIKB 27 0415 - RIKB 38 0215

Fri, 05 Sep 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 27 0415 - RIKB 38 0215 - Switch Auction or Cash

Wed, 03 Sep 2025 15:33:00 GMT

Series	RIKB 27 0415	RIKB 38 0215
ISIN	IS0000036291	IS0000037265
Maturity Date	04/15/2027	02/15/2038
Auction Date	09/05/2025	09/05/2025
Settlement Date	09/10/2025	09/10/2025
10% addition	09/09/2025	09/09/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	97.7400

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. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKS 29 0917

Tue, 26 Aug 2025 15:33:00 GMT

Auction result of Treasury Bonds - RIKS 29 0917

Fri, 22 Aug 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKS 29 0917 - Switch Auction or Cash payment

Wed, 20 Aug 2025 15:33:00 GMT

Series	RIKS 29 0917
ISIN	IS0000037711
Maturity Date	09/17/2029
Auction Date	08/22/2025
Settlement Date	08/27/2025
10% addition	08/26/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	97.9900

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Auction result of Treasury Bills - RIKV 25 1119 - RIKV 26 0318

Mon, 18 Aug 2025 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 25 1119 - RIKV 26 0318

Thu, 14 Aug 2025 15:33:00 GMT

Series	RIKV 25 1119	RIKV 26 0318
ISIN	IS0000037547	IS0000038016
Maturity Date	11/19/2025	03/18/2026
Auction Date	08/18/2025	08/18/2025
Settlement Date	08/20/2025	08/20/2025

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.

Results of additional issuance - RIKB 38 0215

Tue, 12 Aug 2025 15:33:00 GMT

Market Information in August 2025

Mon, 11 Aug 2025 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bonds - RIKB 38 0215

Fri, 08 Aug 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 38 0215

Wed, 06 Aug 2025 15:33:00 GMT

Series	RIKB 38 0215
ISIN	IS0000037265
Maturity Date	02/15/2038
Auction Date	08/08/2025
Settlement Date	08/13/2025
10% addition	08/12/2025

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

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

Results of additional issuance - RIKB 27 0415 - RIKS 29 0917

Tue, 22 Jul 2025 15:32:00 GMT

Auction result of Treasury Bonds - RIKB 27 0415 - RIKS 29 0917

Fri, 18 Jul 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 27 0415 - RIKS 29 0917 - Switch Auction or Cash

Wed, 16 Jul 2025 15:33:00 GMT

Series	RIKB 27 0415	RIKS 29 0917
ISIN	IS0000036291	IS0000037711
Maturity Date	04/15/2027	09/17/2029
Auction Date	07/18/2025	07/18/2025
Settlement Date	07/23/2025	07/23/2025
10% addition	07/22/2025	07/22/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	98.1600

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. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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.

Auction result of Treasury Bills - RIKV 25 1119

Mon, 14 Jul 2025 11:44:24 GMT

Treasury Bill Auction Announcement - RIKV 25 1119

Thu, 10 Jul 2025 15:33:00 GMT

Series	RIKV 25 1119
ISIN	IS0000037547
Maturity Date	11/19/2025
Auction Date	07/14/2025
Settlement Date	07/16/2025

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 Magnús Freyr Hrafnsson, Government Debt Management, at +354 569 9679.

Market Information in July 2025

Wed, 09 Jul 2025 15:30:00 GMT

Market Information (pdf)

Results of additional issuance - RIKS 29 0917

Tue, 08 Jul 2025 15:33:00 GMT

Market making for RIKS 29 0917 begins

Mon, 07 Jul 2025 15:33:00 GMT

Following the switch auction held on July 4, 2025, and with reference to the Primary Dealer Agreement concerning issuance of government securities and market making in the secondary market dated March 21, 2025, it has been decided to begin market making with RIKS 29 0917 from the Settlement date of the auction, i.e. July 9, 2025. Primary dealers will be obliged to submit bids and offers for a minimum nominal value of 100 m.kr. in the series. From the same date repo facilities to each primary dealer will be 2 bn.kr. nominal value.

Further information can be obtained from Government Debt Management at tel: +354 569 9994 or by email to lanamal@lanamal.is.

Auction result of Treasury Bonds - RIKS 29 0917

Fri, 04 Jul 2025 11:32:00 GMT

Auction result of Treasury Bonds - RIKB 32 1015

Thu, 03 Jul 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKS 29 0917 - Switch Auction or Cash payment

Wed, 02 Jul 2025 15:33:00 GMT

Series	RIKS 29 0917
ISIN	IS0000037711
Maturity Date	09/17/2029
Auction Date	07/04/2025
Settlement Date	07/09/2025
10% addition	07/08/2025

Buyback issue	RIKS 26 0216
Buyback price (clean)	98.1500

Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.

No fee is paid in relation to the purchase of RIKS 26 0216.

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Additional Treasury Bond Auction Announcement - RIKB 32 1015 - Switch Auction

Tue, 01 Jul 2025 17:32:43 GMT

Following the settlement of HFF bonds issued by ÍL Fund (formerly the Housing Financing Fund), it has been decided to hold a switch auction, giving owners of the inflation-linked government bond series RIKS 50 0915 the opportunity to exchange them for the nominal bond series RIKB 32 1015. Interested parties are advised to contact a primary dealer to participate in the switch auction.

Series	RIKB 32 1015
ISIN	IS0000037752
Maturity Date	10/15/2032
Auction Date	07/03/2025
Settlement Date	07/08/2025

Buyback issue	RIKS 50 0915
Buyback price (clean)	112.9150, which is equivalent to a yield of 2.78%

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 number and with the Maturity Date according to the table above. The Treasury bond 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 and indexation (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 RIKS 50 0915.

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

Further information can be obtained from Government Debt Management at tel: +354 569 9994 or by email to lanamal@lanamal.is.

Quarterly Government Debt Management Prospect

Mon, 30 Jun 2025 15:33:00 GMT

Third quarter 2025

In Q3, Government bonds will be offered for sale in the amount of 30-40 b.kr. market value.
The bonds that could conceivably be offered are all benchmark Government issues, and issue size and market conditions will determine how much, if any, will be sold in each series.
During the quarter, it is planned to issue bonds in the inflation-linked RIKS 29 0917 series, with market making.
It is possible that a switch auction of RIKS 26 0216 will be held during the quarter.

GDM Q3 Prospect 2025.pdf

Results of additional issuance - RIKB 28 1115 - RIKB 38 0215

Tue, 24 Jun 2025 15:33:00 GMT

Auction result of Treasury Bonds - RIKB 28 1115 - RIKB 38 0215

Fri, 20 Jun 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 28 1115 - RIKB 38 0215

Wed, 18 Jun 2025 15:37:40 GMT

Series	RIKB 28 1115	RIKB 38 0215
ISIN	IS0000028249	IS0000037265
Maturity Date	11/15/2028	02/15/2038
Auction Date	06/20/2025	06/20/2025
Settlement Date	06/25/2025	06/25/2025
10% addition	06/24/2025	06/24/2025

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Results of additional issuance - RIKB 27 0415 - RIKB 35 0917

Wed, 11 Jun 2025 15:33:00 GMT

New Government bond series

Tue, 10 Jun 2025 15:51:45 GMT

The Icelandic Treasury will issue nine new Government bond series in connection with the settlement of ÍL Fund (formerly the Housing Financing Fund). The following nominal amounts will be issued:

Series: ISIN: Nominal value:

RIKS 29 0917 IS0000037711 67,000,000,000 kr.

RIKS 34 1016 IS0000037737 60,353,539,382 kr.

RIKS 36 0815 IS0000037729 59,000,000,000 kr.

RIKS 39 1115 IS0000037745 49,000,000,000 kr.

RIKS 41 0815 IS0000037760 50,000,000,000 kr.

RIKS 44 1017 IS0000037778 50,313,049,596 kr.

RIKS 47 1115 IS0000037786 48,000,000,000 kr.

RIKS 50 0915 IS0000037794 47,000,000,000 kr.

RIKB 32 1015 IS0000037752 56,000,000,000 kr.

The Government bonds will be subject to the "General terms and conditions for Icelandic Government bonds" and "Specific terms" for each bond series, which can be accessed on the Government Debt Management website, www.lanamal.is. Issuance in the above-mentioned bond series related to the winding-up of ÍL Fund may be carried out in a manner other than that described in Article 3 of the General terms and conditions for Icelandic Government bonds, dated 5 June 2025.

Market Information in June 2025

Tue, 10 Jun 2025 15:30:00 GMT

Market Information (pdf)

Auction result of Treasury Bonds - RIKB 27 0415 - RIKB 35 0917

Fri, 06 Jun 2025 14:33:41 GMT

Auction result of Treasury Bills - RIKV 25 0917 - RIKV 25 1217

Fri, 06 Jun 2025 11:31:21 GMT

Treasury Bill Auction Announcement - RIKV 25 0917 - RIKV 25 1217

Wed, 04 Jun 2025 15:41:00 GMT

Series	RIKV 25 0917	RIKV 25 1217
ISIN	IS0000037349	IS0000037695
Maturity Date	09/17/2025	12/17/2025
Auction Date	06/06/2025	06/06/2025
Settlement Date	06/11/2025	06/11/2025

Please note that the Treasury bill RIKV 25 0917 is registered electronically at Verðbréfamiðstöð Íslands hf. central securities depository (VBM). The Treasury bill RIKV 25 1217 will be registered at Nasdaq CSD.

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.

Treasury Bond Auction Announcement - RIKB 27 0415 - RIKB 35 0917

Wed, 04 Jun 2025 15:35:00 GMT

Series	RIKB 27 0415	RIKB 35 0917
ISIN	IS0000036291	IS0000035574
Maturity Date	04/15/2027	09/17/2035
Auction Date	06/06/2025	06/06/2025
Settlement Date	06/12/2025	06/12/2025
10% addition	06/11/2025	06/11/2025

On the Auction Date, between 13:30 am and 14:00 am, 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. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date, and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

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

Results of additional issuance - RIKB 27 0415 - RIKB 42 0217

Tue, 27 May 2025 15:33:00 GMT

Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

Tue, 27 May 2025 15:05:35 GMT

The Republic of Iceland has successfully repurchased, for cancellation, EUR 203.7 million in nominal value of its outstanding 0.625% Eurobonds due 2026 (ISIN: XS2182399274), representing over 40% of the original EUR 500 million issue. The buyback was executed at a price of 98.81%, equivalent to approximately ISK 29 billion.

The tender offer was launched on Monday, 19 May 2025 and closed at 17:00 BST on Friday, 23 May 2025.

This transaction is part of the Treasury’s ongoing liquidity and debt management strategy, aimed at reducing near-term refinancing risk and improving the maturity profile of the Government's debt portfolio. The buyback was financed from proceeds of the new EUR 750 million Eurobond issued earlier last week.

Auction result of Treasury Bonds - RIKB 27 0415 - RIKB 42 0217

Fri, 23 May 2025 11:32:00 GMT

Treasury Bond Auction Announcement - RIKB 27 0415 - RIKB 42 0217

Wed, 21 May 2025 15:33:00 GMT

Series	RIKB 27 0415	RIKB 42 0217
ISIN	IS0000036291	IS0000033884
Maturity Date	04/15/2027	02/17/2042
Auction Date	05/23/2025	05/23/2025
Settlement Date	05/28/2025	05/28/2025
10% addition	05/27/2025	05/27/2025

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.

Treasury issues Eurobond

Tue, 20 May 2025 16:00:00 GMT

The Republic of Iceland has successfully issued a €750 million Eurobond (ISK 109 billion equivalent) with a fixed coupon of 2.625% and a five-year maturity, priced at a re-offer yield of 2.672%. The proceeds will be used to strengthen the foreign exchange reserves of the Central Bank of Iceland and to refinance existing Eurobonds.

Concurrently with the new issue, the Treasury launched a tender offer to repurchase its outstanding €500 million Eurobond maturing in 2026. The offer remains open until 17:00 BST on Friday, 23 May 2025.

The transaction attracted robust demand, with orders totalling €4.4 billion—nearly six times the issue size. The investor base comprised over 100 institutions, including asset managers, banks, central banks, pension funds, insurance companies, and other institutional investors, primarily from across Europe. Citibank, Barclays, J.P. Morgan, and BNP Paribas acted as joint lead managers for the transaction.

Daði Már Kristófersson, Minister of Finance and Economic Affairs, commented:
“It is highly gratifying to see such strong investor interest in this bond issue and the improved spreads compared to our previous offerings. The breadth and diversity of the investor base align with our goal of broadening access to Icelandic government bonds. This outcome reflects market confidence in the Icelandic economy, sound public finances, and the Government’s policy direction.”

This issuance forms part of the Government’s Medium-Term Debt Management Strategy, which aims to ensure that the Treasury is a regular and credible issuer in international capital markets.

The pricing of the bond, 42 bps over mid-swaps, represents a significant improvement over the Treasury’s 10-year green bond issued in 2024, which carried a mid-swap spread of 95 basis points. Despite ongoing global uncertainty, spreads on Icelandic sovereign debt have narrowed and outperformed those of many peers with comparable credit ratings.

“Our message is resonating well with investors,” said Minister Kristófersson. “Iceland stands out for its solid and growing economy with good prospects, declining inflation, diversified exports, improved sustainability, and stronger credit profile.”

Auction result of Treasury Bills - RIKV 25 0820 - RIKV 25 1119

Mon, 19 May 2025 11:32:00 GMT

Treasury Bill Auction Announcement - RIKV 25 0820 - RIKV 25 1119

Thu, 15 May 2025 15:33:00 GMT

Series	RIKV 25 0820	RIKV 25 1119
ISIN	IS0000037216	IS0000037547
Maturity Date	08/20/2025	11/19/2025
Auction Date	05/19/2025	05/19/2025
Settlement Date	05/21/2025	05/21/2025

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 Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.