Sale of HFF Bonds and Treasury Notes


On Thursday 10 December, Government securities submitted as collateral for
securities loans and subsequently appropriated by the Treasury will be
auctioned. The instruments to be auctioned are the last securities in four
series of Housing Financing Fund (HFF) bonds and two series of Treasury notes,
with a total nominal value of just under 28 b.kr. The auction will be
structured so that all accepted bids will be offered to purchasers at the same
price. The lowest accepted price (highest yield) will determine the sale price. 

The securities offered in the auction are the following, together with their
nominal values: 

Series		Nominal value 
RIKB 13 0517	1.1 b.kr.

The Central Bank reserves the right, on behalf of the Treasury, to accept some
or all of the bids placed, or to reject all of them. Only primary dealers in
Government securities are authorised to submit bids in this auction; however,
they may also submit bids on behalf of investors. Bids shall be sent to the
Central Bank via the Bloomberg auction system, between 09:30 and 10:00. Bids
shall be presented as prices, with three decimal places. The minimum amount of
each bid is 1 m.kr. nominal value. The results will be posted at 11:00. 

The date of payment and settlement is Monday 14 December 2009.

Attachments

news_en_091209.pdf