Upcoming Auction for RIKV 26 0318 Treasury Bills Notice
Key Details of the RIKV 26 0318 Treasury Bill Auction
The Government Debt Management is preparing for an exciting auction of the RIKV 26 0318 Treasury bills, designed to offer investors a secure opportunity. This announcement outlines the essential details for prospective participants.
Highlights of the Auction
The upcoming auction will take place on a specific date when investors can place their bids for the RIKV 26 0318 Treasury bills. The series is identifiable through its ISIN number, IS0000038016, which ensures transparency and trust in the bidding process.
Maturity and Auction Dates
Investors should note that these Treasury bills will reach maturity on the 18th of March, 2026. Bids for the auction will be accepted on the 15th of September, 2025, providing ample time for participants to prepare their submissions.
Settlement and Payment Instructions
Following the auction, successful bidders must ensure that all payments for their purchased Treasury bills are submitted to the Central Bank by 2:00 PM on the settlement date, which is designated as the 17th of September, 2025. On this date, the bills will be delivered electronically, making the process convenient for all involved.
About the Treasury Bills
These bills represent a reliable investment option for those seeking low-risk, short-term financing solutions. The RIKV 26 0318 series is tailored for investors looking for secure returns over the specified period.
Accessing Further Information
For those interested in delving deeper into the specifics of the auction, references to the General Terms of Icelandic Treasury bills and the General Terms of Auction can be found on the Government Debt Management website. This resource will provide a comprehensive understanding of the auction processes and regulations.
Contact Information
Should you have any questions or require further clarification regarding this auction, please feel free to reach out to Oddgeir Gunnarsson in the Government Debt Management sector. He is readily available at +354 569 9635 to assist with any inquiries.
Frequently Asked Questions
When is the auction date for the RIKV 26 0318 Treasury bills?
The auction is scheduled for the 15th of September, 2025.
What is the maturity date for the RIKV 26 0318 Treasury bills?
These bills will mature on the 18th of March, 2026.
How should payments for the auction be processed?
Payments need to be submitted to the Central Bank by 2:00 PM on the settlement date, the 17th of September, 2025.
Where can I find more information about the auction?
Additional information can be accessed on the Government Debt Management website, particularly regarding auction terms.
Who can I contact for inquiries about the auction?
For any questions, contact Oddgeir Gunnarsson at +354 569 9635.
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