This morning the Central Bank of Iceland on behalf of the Treasury signed agreements regarding Issuance and Market Making in Government securities. The objective of the agreements is to maintain the Treasury’s access to loan financing and to enhance price formation in the secondary market for Government securities.
As of June 1, 2008, seven financial institutions have been appointed as “Primary Dealers in Government securities”. They are: Glitnir, Icebank, Kaupthing, Landsbanki, MP Investment Bank, Saga Capital Investment Bank and Straumur Burdaras Investment Bank.