Íslandsbanki - Covered Bonds (ISLA CBI 20) admitted to trading on 23 June 2014

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| Source: NASDAQ OMX Iceland hf.
multilang-release

Issuer:
Íslandsbanki hf.,
491008-0160,
Kirkjusandi 2 155 Reykjavík.

Date of admission to trading:
23.06.2014

Symbol:
ISLA CBI 20

ISIN-code:
IS0000024917

Orderbook ID:
101627

Instrument subtype:
Corporate Bonds

Amortization type:
Bullet

Market:
OMX ICE CP Fixed Income

List population name:
OMX ICE Bank/Savings Bank Bonds

Size limit:
ISK 20,000,000,000

Amount admitted to trading at this time:
ISK 960,000,000

Total amount previously admitted to trading:
ISK 0

Denomination:
ISK 20,000,000

Issue date:
23 June 2014

First ordinary installment date:
23 June 2020

Installment frequency:
1

Maturity date:
23 June 2020, withy possibility of extension of maturity to 23 June 2023

Interest from date:
23 June 2014

First ordinary coupon date:
23 December 2014

Coupon frequency:
Semiannually

Interest:
3.4699%.  Interest from maturity date to extended maturity date will increase to 3.9699%  in case the maturity date is extended. If any partial redemption after the Maturity Date is not sufficient to redeem all outstanding Interest Payments, then the remainder of any Interest Payment shall be added to the principal amount of the Covered Bonds

Indexed:
Yes

Name of index:
Consumer Price Index

Base index value:
421.22

Index base date:
23 June 2014

Dirty price / Clean price:
Clean price

Day count convention:
30/360

Call option:
In the event of extension of the maturity date the issuer  may redeem all or any part of the pricipal on any interest payment date until the extended maturity date, 23 June 2023  

Put option:
No

Convertible:
No

Market making:
Yes

Credit Rating (rating agency, date):
No

Securities depository:
Icelandic Securities Depository hf.

Issued electronically:
Yes

Coordinator - admission to trading:
Íslandsbanki hf.