Kvika banki hf.: Kvika banki hf. completes auction of bills


Kvika banki hf. has concluded an offering of 6-month bills in the new series KVB 20 1221. Total offers for bills in the auction amounted to ISK 2.020 million and offers were accepted for ISK 2.000 million at a simple rate of 1,75%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.