Buyback of Treasury bonds RIKH 18 1009


Government Debt Management has decided to buy back Treasury bonds on Friday 23 March 2018 between 13:30 and 14:00.  Government Debt Management will offer to buy back bonds using an auction format. The Treasury offers to buy back nominal bonds in series RIKH 18 1009, which matures on 9 October 2018. The purpose of the buyback is to reduce the size of the series which is currently 40 b.kr., and thereby reduce the Treasury’s refinancing risk at maturity.

The total amount of accepted bids will be announced at the end of the buyback.

Government Debt Management 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 buyback; however, they may also submit bids on behalf of investors. The minimum amount of each bid is 1 m.kr. nominal value.

The buyback will have a multiple-price format; i.e., all accepted bids will be offered at the price submitted. In other respects, reference is made to the Terms of Buyback, which accompany this press release.

The date of payment and settlement is Wednesday 28 March 2018.

For further information please contact Oddgeir Gunnarsson, Government Debt Management, at
+354 569 9635.



Attachments

Press release 21 Mar.2018 Terms_of_buybacks_RIKH_23.mar.2018