Conclusion of covered bond offering

Íslandsbanki hf. has today concluded an offering of covered bonds.


Íslandsbanki hf. has today concluded an offering of covered bonds.

Total demand amounted to ISK 6,680m.

The non-index linked issue ISLA CB 27 was sold for an amount of ISK 4,460m at a yield of 2.99%. Total offers received amounted to ISK 6,680m ranging from 2.94% - 3.08%. Following the tap issuance, the total amount issued will be ISK 10,840m.

Trading is expected to commence on 26 January 2021 on Nasdaq Iceland.

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