Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 4,280 million were received and offers worth ISK 2,240 million were accepted.
The nominal amount sold in the 6-month series was 2,240m at a 4.30% simple rate. Total offers received amounted to ISK 3,940 million at rates of 4.20% - 4.35%.
The 12-month series received offers amounting to ISK 340 million at rates of 4.34% - 4.60%. All offers were declined at this time.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 16 January.