Funding

The Bank is predominantly funded by deposits but further diversification of the Bank´s funding base has been an important theme in recent years.

Íslandsbanki is one of the largest issuer of covered bonds in the domestic market. Domestically, the Bank is also a frequent issuer of unsecured listed securities.

The Bank’s Global Medium Term Note (“GMTN”) Programme is the Bank´s platform for funding in international markets. The inaugural bond issue under the GMTN programme was in December 2013.

Last updated on 2 January 2017
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