08.05.23
Auction result of Treasury Bills - RIKV 23 0719 - RIKV 23 0920
Series 
RIKV 23 0719
RIKV 23 0920
Settlement Date 
05/10/2023
05/10/2023
Total Amount Allocated (MM) 
22,600
18,800
All Bids Awarded At (Price / Simple interest) 
98.360
/
8.575
96.869
/
8.749
Total Number of Bids Received 
20
12
Total Amount of All Bids Received (MM) 
27,000
20,800
Total Number of Successful Bids 
13
10
Number of Bids Allocated in Full 
13
10
Lowest Price / Highest Simple Interest Allocated 
98.360
/
8.575
96.869
/
8.749
Highest Price / Lowest Simple Interest Allocated 
98.468
/
8.001
97.060
/
8.199
Lowest Price / Highest Simple Interest Allocated in Full 
98.360
/
8.575
96.869
/
8.749
Weighted Average of Successful Bids (Price/Simple Interest) 
98.384
/
8.447
96.929
/
8.576
Best Bid (Price / Simple Interest) 
98.468
/
8.001
97.060
/
8.199
Worst Bid (Price / Simple Interest) 
98.290
/
8.947
96.817
/
8.899
Weighted Average of All Bids Received (Price / Simple Interest) 
98.374
/
8.501
96.920
/
8.602
Percentage Partial Allocation (Approximate) 
100.00 %
100.00 %
Bid to Cover Ratio 
1.19
1.11

Aðrar fréttir

Jun 04 2025
Treasury Bills
Treasury Bill Auction Announcement - RIKV 25 0917 - RIKV 25 1217
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

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.

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
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.

Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

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.