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Market Information in April 2014
On 13 March, three- and six-month Treasury bills were auctioned in series RIKV 14 0616 and RIKV 14 0915. The auction was structured in the conventional manner, with the lowest accepted price (highest flat yield) determining the sale price. For the threemonth bills, a total of 10 valid bids were submitted, in the nominal amount of 3,680 m.kr., and bids totalling 3,450 m.kr. were accepted at a price of 98.905 (4.38% flat interest). For the six-month bills, a total of 13 valid bids were submitted, in the nominal amount of 3,110 m.kr., and bids totalling 2,760 m.kr. were accepted at a price of 97.776 (4.50% flat interest).