Kópavogsbær -New Bond Issue (KOP 15 1) admitted to trading 22 May 2015


 

Term Sheet
 
Issuer: Kópavogsbær
Org. no: 700169-3759
Address: Fannborg 2, 200 Kópavogi
 
Bonds/bills: Bond
Symbol (Ticker) KOP 15 1
ISIN code IS0000025906
CFI code D-B-F-U-F-R
Registered at ISD Yes
Amortization type Equal instalments
Country Iceland
Currency ISK
Date of admission to trading 22.05.2015
Order book ID 109778
Instrument subtype Municipal and local government bonds
Market OMX ICE CP Fixed Income
List population name OMX ICE Municipal and LSS Bonds
Denomination in CSD ISK 1
Size limit Open class
Total issued amount ISK 3,000,000,000
Amount admitted to trading at this time ISK 3,000,000,000
Issue date Monday, May 04, 2015
First ordinary installment date Tuesday, August 04, 2015
Total number of installments 100
Installment frequency 4
Maturity date Friday, May 04, 2040
Interest rate 3.26%
Floating interest rate N/A
Premium N/A
Simple/compound interest Simple
Day count convention 30/360
Interest from date Monday, May 04, 2015
First ordinary coupon date Tuesday, August 04, 2015
Coupon frequency 4
Total number of coupon payments 100
Indexed Yes
Name of index Daily Consumer Price Index for indexation of loans
Daily index or monthly index Daily Index
Base index value 426,46
Index base date Monday, May 04, 2015
Dirty price / clean price Clean price
Call option No
Put option No
Convertible No
Additional information N/A
Market making No
Credit rating (rating agency, date) NA
Securities depository Icelandic Securities Depository
Coordinator – admission to trading Íslandsbanki hf.
If irregular cash flow, then how N/A
If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? No