Íslandsbanki hf. has today concluded an offering of a new covered bonds series ISB CBI 32 for a total of ISK 4,100m.
Total demand amounted to ISK 5,640m at a yield ranging from 3.25% to 3.50%. Offers in the amount of ISK 4,100m were accepted at a yield of 3.44%. The Bank is also issuing ISK 35,900m of the series for its own use.
The bonds are expected to be admitted to trading on Nasdaq Iceland on 3 December 2024.
The transaction was managed by Íslandsbanki‘s Fixed Income Sales.
For further information please contact:
Investor Relations - Bjarney Anna Bjarnadóttir, ir@islandsbanki.is
Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is
MAR legend
This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf.