13.01.25
Auction result of Treasury Bills - RIKV 25 0416 - RIKV 25 0820
Series 
RIKV 25 0416
RIKV 25 0820
Settlement Date 
01/15/2025
01/15/2025
Total Amount Allocated (MM) 
29,935
23,300
All Bids Awarded At (Price / Simple interest) 
97.918
/
8.412
95.263
/
8.249
Total Number of Bids Received 
18
27
Total Amount of All Bids Received (MM) 
32,435
25,600
Total Number of Successful Bids 
15
24
Number of Bids Allocated in Full 
15
24
Lowest Price / Highest Simple Interest Allocated 
97.918
/
8.412
95.263
/
8.249
Highest Price / Lowest Simple Interest Allocated 
97.982
/
8.148
95.510
/
7.799
Lowest Price / Highest Simple Interest Allocated in Full 
97.918
/
8.412
95.263
/
8.249
Weighted Average of Successful Bids (Price/Simple Interest) 
97.932
/
8.354
95.331
/
8.125
Best Bid (Price / Simple Interest) 
97.982
/
8.148
95.510
/
7.799
Worst Bid (Price / Simple Interest) 
97.897
/
8.498
95.208
/
8.350
Weighted Average of All Bids Received (Price / Simple Interest) 
97.930
/
8.362
95.322
/
8.142
Percentage Partial Allocation (Approximate) 
100.00 %
100.00 %
Bid to Cover Ratio 
1.08
1.10

Aðrar fréttir

Feb 15 2025
Credit Rating
Fitch Affirms Iceland at ‘A’; Outlook Stable

Fitch Ratings has affirmed Iceland's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'A' with a Stable Outlook. 

Iceland's 'A' rating is underpinned by very high income per capita and governance indicators akin to 'AAA' and 'AA' category sovereigns. Strong fundamentals include sizeable pension fund assets, a sound banking sector, and resilient private sector balance sheets. Ample foreign reserves help mitigate Iceland's external vulnerabilities. The rating remains constrained by Iceland's small economy with limited export diversification. 

Increased confidence in a sharp and sustained decline in the government debt-to-GDP ratio and higher trend growth and/or evidence of economic diversification that reduces Iceland's vulnerability to external shocks, could lead to a positive rating action. 

A marked deterioration in the debt-to-GDP ratio, from a sustained period of fiscal loosening and a severe economic shock, for example, due to a sharp correction in the real estate market, could lead to a negative rating action.  

Further information on www.government.is

Feb 13 2025
Treasury Bills
Treasury Bill Auction Announcement - RIKV 25 0521 - RIKV 25 0820
Series RIKV 25 0521 RIKV 25 0820
ISIN IS0000036986 IS0000037216
Maturity Date 05/21/2025 08/20/2025
Auction Date 02/17/2025 02/17/2025
Settlement Date 02/19/2025 02/19/2025

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.