Kvika banki hf.: Kvika banki hf. completes auction of commercial papers
Kvika banki hf. has concluded an offering of 6-month commercial papers in the new series KVB 17 0323.
Total offers submitted in the auction amounted to ISK 4,460 million and offers were accepted for ISK 2,000 million at a flat rate of 5.98%.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland next week.