Kvika banki hf. completes auction of bills


Kvika banki hf. has concluded an offering of  6-month bills in the new series KVB 20 0319. Total offers for bills in the auction amounted to ISK 2,300 million and offers were accepted for ISK 2,000 million at a simple rate of 4.35%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.