Íslandsbanki hf. has today concluded an offering of covered bonds.
Total demand amounted to ISK 2,560m.
The non-index linked issue ISLA CB 27 was sold for an amount of ISK 620m at a yield of 2.91%. Total offers received amounted to ISK 2,560m ranging from 2.89% - 3.00%. The bank is selling previously issued own bonds. The total nominal amount issued in the series is ISK 43,840m.
Settlement date is 29 March 2021.