Term Sheet
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Issuer: |
Íslandsbanki hf. |
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Org. no: |
491008-0160 |
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Address: |
Kirkjusandur 2, 155 Reykjavík |
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Bonds/bills: |
Bonds |
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Symbol (Ticker) |
ISLA CBI 22 |
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ISIN code |
IS0000026136 |
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CFI code |
D-T-F-G-F-R |
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Registered at ISD |
Yes |
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Amortization type |
Bullet |
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Country |
Iceland |
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Currency |
ISK |
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Date of admission to trading |
04.09.2015 |
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Order book ID |
112746 |
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Instrument subtype |
Corporate bonds |
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Market |
OMX ICE CP Fixed Income |
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List population name |
OMX ICE Bank/Savings Bank Bonds |
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Denomination in CSD |
ISK 20,000,000 |
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Size limit |
1,000 denominations or ISK 20,000,000,000 |
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Total issued amount |
ISK 1,080,000,000 |
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Amount admitted to trading at this time |
ISK 1,080,000,000 |
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Issue date |
Friday, September 04, 2015 |
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First ordinary installment date |
Sunday, September 04, 2022 |
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Total number of installments |
1 |
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Installment frequency |
N/A |
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Maturity date |
Sunday, September 04, 2022 |
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Interest rate |
2.980%. Interest from maturity date to extended maturity date will increase to 3.480% 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. |
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Floating interest rate |
N/A |
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Premium |
N/A |
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Simple/compound interest |
Simple |
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Day count convention |
30/360 |
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Interest from date |
Friday, September 04, 2015 |
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First ordinary coupon date |
Friday, March 04, 2016 |
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Coupon frequency |
2 |
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Total number of coupon payments |
14 |
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Indexed |
Yes |
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Name of index |
Consumer Price Index |
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Daily index or monthly index |
Daily Index |
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Base index value |
430,23 |
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Index base date |
Friday, September 04, 2015 |
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Dirty price / clean price |
Clean price |
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Call option |
No |
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Put option |
No |
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Convertible |
No |
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Additional information |
No |
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Market making |
Yes |
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Credit rating (rating agency, date) |
No |
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Securities depository |
Verðbréfaskráning Íslands |
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Coordinator – admission to trading |
Íslandsbanki hf. |
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If irregular cash flow, then how |
N/A |
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If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? |
No |