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Islandsbanki hf.: Íslandsbanki sells commercial paper

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 3,700 million were received and offers worth ISK 1,700 million were accepted.

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 3,700 million were received and offers worth ISK 1,700 million were accepted.

  • The nominal amount sold in the 6-month series was 1,220m at 5.60% simple rate.
  • The nominal amount sold in the 12-month series was 480m at 5.89% simple rate.
  • The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 15 December.