Concludes covered bond offering

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


Total demand amounted to ISK 2,260m.

The non-index linked issue ISLA CB 21 was sold for an amount of ISK 120m at a yield of 4.36%. Total offers received amounted to ISK 220m ranging from 4.34% - 4.40%. Following the tap issuance, the total amount issued will be ISK 4,780m.

The CPI-linked issue ISLA CBI 28 was sold for an amount of ISK 380m at a yield of 1.74%. Total offers received amounted to ISK 2,040m ranging from 1.70% - 1.80%. Following the tap issuance, the total amount issued will be ISK 15,420m.

Trading is expected to commence on 19 September 2019 on Nasdaq Iceland.

For further information


Gunnar S. Magnússon


Investor Relations

Send email440 4665