Bond price for foreign exchange auction

05.11.12
Bond price for foreign exchange auction

According to an announcement published by the Central Bank of Iceland on 10 October 2012 regarding the Central Bank of Iceland foreign currency auction to be held on 7 November 2012, the Terms of Auction stated that the swap rate for the Bank’s purchase of foreign currency in connection with the sale of Treasury bonds in the series RIKS 33 0321 would be published at the close of business on 5 November 2012.

 

It has been decided that the number of Treasury bond units per euro shall be based on the auction price and the fixed price of the Treasury bonds, which is 110.304069 kr. per Treasury bond unit with accrued interest and indexation (dirty price), assuming a settlement date of 12 November 2012 (yield 2.65%).1

The formula is as follows: Swap rate = auction price/(bond price/100).


1 Clean price of 105.5.

 Press release (Pdf)

Til baka

Aðrar fréttir

Oct 02 2024
Treasury Bonds
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 10/04/2024 10/04/2024
Settlement Date 10/09/2024 10/09/2024
10% addition 10/08/2024 10/08/2024

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.
Sep 30 2024
Annual prospects
Quarterly Government Debt Management Prospect

Q4/2024

  • In Q4, Treasury bonds will be offered for sale in the amount of 32 b.kr. market value.
  • The bonds that could conceivably be offered are all Treasury series, and issue size and market conditions will determine how much, if any, will be sold in each series.
  • There is the possibility of switch auctions for RIKB 25 0612 during the quarter.

GDM Q4 Prospect 2024.pdf

Sep 18 2024
Treasury Bonds
Treasury bond auction cancelled

The Government Debt Management has decided to cancel the auction of Treasury bonds that was scheduled for 20 September 2024 since the target amount for the quarter has already been reached.