Exciting Treasury Bond Auction: RIKB 38 0215 Details Revealed

Author: Caleb Price Updated: 08-06-2025 11:47 AM

Insight into the Upcoming RIKB 38 0215 Treasury Bond Auction

The Government Debt Management department is set to conduct an important auction involving the Treasury bonds known as RIKB 38 0215. Scheduled on the Auction Date between 10:30 am and 11:00 am, this event is crucial for investors interested in acquiring these financial instruments.

Key Details About RIKB 38 0215

Each bond in this auction is assigned a specific ISIN number, which is IS0000037265. The RIKB 38 0215 bond offers a maturity date of February 15, 2038, making it an attractive long-term investment option. This bond's structure and terms are designed to cater to various investment strategies.

Important Auction and Settlement Dates

The auction will take place on a predetermined date, with all payments for successful bids required to be settled by the Central Bank before 2:00 pm on the Settlement Date. For this auction, the Settlement Date is set for August 13, 2025. Investors should also prepare for an additional 10% that can be added if they wish to make a larger investment on another specific date shortly before the auction.

Investment Process and Participation

Investors wishing to take part in the bond auction must familiarize themselves with the bidding process. The application for additional bonds allows participants to add up to 10% more to their purchase. This is an excellent opportunity for those looking to diversify their investment portfolio.

Understanding Auction Guidelines

Article 6 of the General Terms of Auction for Treasury bonds is pivotal in determining how the auction proceeds and the rights of the bidders. This regulation ensures a transparent process where all participants understand their rights and responsibilities. Investors are encouraged to review these guidelines to have a complete picture before the auction.

Further Resources for Investors

For those seeking deeper insights, further reference is available on the Government Debt Management website. It contains a detailed description of the Treasury bond and the General Terms of Auction that investors should not overlook as they prepare for the auction.

Contact Information for Inquiries

If you have additional questions or need clarifications about the auction, you can reach out directly to Tryggvi Freyr Harðarson from Government Debt Management. He is available at +354 569 9630 and is ready to assist you with any inquiries you might have.

Frequently Asked Questions

What is the maturity date for RIKB 38 0215?

The maturity date for RIKB 38 0215 is February 15, 2038.

When is the auction for the Treasury bonds?

The auction is scheduled on a date set between 10:30 am and 11:00 am for investors to place their bids.

How can I participate in the auction?

To participate, you will need to submit your bids during the auction window and ensure payments are settled by 2:00 pm on the Settlement Date.

Who can I contact for more information?

For further inquiries, you can contact Tryggvi Freyr Harðarson at +354 569 9630.

What is the ISIN number for RIKB 38 0215?

The ISIN number for the RIKB 38 0215 Treasury bond is IS0000037265.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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