AGREEMENT REGARDING ISSUANCE AND MARKET MAKING IN TREASURY BILLSNational Debt Management Agency • June 4th, 2004
Contract Type FiledJune 4th, 2004The NDMA pays the Primary Dealer on March 28, 2005 and September 27, 2005, i.e. twice during the Agreement period an amount calculated as his percentage of the market share of all the Primary Dealers’ transactions in Iceland Stock Exchange's electronic trading platform (marked as "AUTO") in the Treasury Bills Series covered in the Agreement. At disposal for all the Primary Dealers on each occasion is a total of 11 m.kr. The first payment shall be made on March 28, 2005 based on the turnover in the series covered by this Agreement from their issue date and that have become due. The second payment shall be made on September 27, 2005 based on the turnover from the issue date until maturity for the series that were not included in the commission paid March 28, 2005.