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)

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Dec 03 2025
Treasury Bonds
Treasury Bond Auction Announcement - RIKB 38 0215 - RIKS 29 0917 - Switch Auction
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.