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Islandsbanki hf.: Íslandsbanki sells commercial paper

Íslandsbanki hf. has today offered 3 and 6 month commercial paper to investors. Offers totaling ISK 3,040 million were received and offers worth ISK 1,380 million were accepted.

Íslandsbanki hf. has today offered 3 and 6 month commercial paper to investors. Offers totaling ISK 3,040 million were received and offers worth ISK 1,380 million were accepted.

  • The nominal amount sold in the 3-month series was 400m at 5.73% simple rate.
  • The nominal amount sold in the 6-month series was 980m at 5.78% simple rate.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland next week.