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Iceland Stock Exchange: Bloomberg Electronic Auction System

Date 22/05/2001

The National Debt Management Agency has after consulting with Authorised Dealers in Government Bonds decided that as of June 2001 all auctions will be held using the Bloomberg Electronic Auction System. Those who wish to submit bids will need access to a Bloomberg terminal and to apply to the National Debt Management Agency. It is possible to have only one Bloomberg terminal but several logins into the Bloomberg Electronic Auction System.

Authorised Market Makers offer to submid bids on behalf of those who do not have access to the system. After the 1st of June Authorised Dealers in Government Bonds will be Bunadarbanki Islands, National Bank of Iceland, Kaupthing Investment Bank and Icebank Ltd.

If you need access to the Blooberg Electronic Auction System please contact the National Debt Management Agency before Friday 25th of May 2001.