Treasury Bond Auction Announcement - RIKB 26 1015 - RIKB 38 0215 - Switch Auction or Cash payment
| Series | RIKB 26 1015 | RIKB 38 0215 |
| ISIN | IS0000034874 | IS0000037265 |
| Maturity Date | 10/15/2026 | 02/15/2038 |
| Auction Date | 03/07/2025 | 03/07/2025 |
| Settlement Date | 03/12/2025 | 03/12/2025 |
| 10% addition | 03/11/2025 | 03/11/2025 |
| Buyback issue | RIKB 25 0612 | |
| Buyback price (clean) | 99.8800 |
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. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%. The Treasury bonds will be delivered in electronic form on the Settlement Date.
Payment for the bonds can be made in cash or with the Buyback issue at the Buyback price.
Payment in cash for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date. If payment is made with the Buyback issue, a notification of the amount must be received no later than by 14:00 on the Auction Date. In that case, the value of the Buyback bond is determined by the Buyback price plus accrued interest (i.e. dirty price).
No fee is paid in relation to the purchase of RIKB 25 0612.
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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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