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.