Concludes commercial paper offering

Íslandsbanki hf. has today offered 6 month commercial paper to investors.

The nominal amount sold in the 6-month series was 2,640m at a 4.79% simple rate. Total offers received amounted to ISK 3,980 million at rates of 4.70% - 5.00%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 9 April.

For further information: 

Gunnar S. Magnússon

Investor Relations

Send e-mail+354 440 4665