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Treasury Bill Auction Insights: RIKV 25 1119 and RIKV 26 0318

Treasury Bill Auction Insights: RIKV 25 1119 and RIKV 26 0318

Understanding the Upcoming Treasury Bill Auction

The Government Debt Management is preparing to auction Treasury bills on the specified Auction Date, which promises to be an important event for investors. The auction will feature two specific Treasury bill series: RIKV 25 1119 and RIKV 26 0318. Each series has unique identifiers and maturity dates.

Details of the Treasury Bill Series

The first series, RIKV 25 1119, has the ISIN number IS0000037547, and it will mature on November 19, 2025. In contrast, RIKV 26 0318, bearing the ISIN number IS0000038016, is set to mature on March 18, 2026. Both series are important instruments in the government's arsenal for managing debt.

Auction and Settlement Guidelines

The auction is scheduled to take place between 10:30 am and 11:00 am. It is crucial for interested buyers to note that payments for any successful bids must be submitted to the Central Bank before 2:00 pm on the Settlement Date, which falls on August 20, 2025, for both series. This prompt payment is essential to ensure that the Treasury bills will be delivered electronically on the same day.

General Terms and Conditions

This auction adheres to the established General Terms of Icelandic Treasury bills. For investors and institutions, understanding these terms is vital to navigate the auction process successfully. Further information and details regarding the General Terms of Auction can be found on the Government Debt Management's official website, where extensive resources are available for potential investors.

Contact Information for Inquiries

For those seeking additional insights or clarifications regarding the auction, Tryggvi Freyr Harðarson from Government Debt Management is the point of contact. He can be reached at +354 569 9630, ensuring that all queries are addressed promptly.

Frequently Asked Questions

What are the Series included in the auction?

The auction will include RIKV 25 1119 and RIKV 26 0318 Treasury bills.

What are the ISIN numbers for these Treasury Bills?

RIKV 25 1119 has ISIN IS0000037547, while RIKV 26 0318 has ISIN IS0000038016.

When is the auction date for the Treasury Bills?

The auction is scheduled for August 18, 2025.

What is the settlement date for these Treasury Bills?

The settlement date is August 20, 2025, for both series.

Who can I contact for more information?

You can contact Tryggvi Freyr Harðarson at +354 569 9630 for inquiries related to the auction.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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