Garðabær – Bonds issued by Garðabær (GARD 16 01) admitted

Term Sheet
Issuer:	Garðabær
Org. no:	570169-6109
Address:	Garðatorg 7, 210 Garðabær

Bonds/bills:	Bonds
Symbol (Ticker)	GARD 16 01
ISIN code	IS0000026862
CFI code	D-B-F-U-F-R
Registered at ISD	Yes
Amortization type	Annuitet
Country	Iceland
Currency	ISK
Date of admission to trading	12.04.2016
Order book ID	121151
Instrument subtype	Municipal and local governments
Market	OMX ICE CP Fixed Income
List population name	OMX ICE Municipal and LSS bonds
Denomination in CSD	ISK 1
Size limit	Open
Total issued amount	ISK 720.000.000
Amount admitted to trading at this time	ISK 720.000.000
Issue date	Friday, April 08, 2016
First ordinary installment date	Saturday, October 08, 2016
Total number of installments	30
Installment frequency	2
Maturity date	Tuesday, April 08, 2031
Interest rate	3,15%
Floating interest rate	N/A
Premium	N/A
Simple/compound interest	Simple
Day count convention	30/360
Interest from date	Friday, April 08, 2016
First ordinary coupon date	Saturday, October 08, 2016
Coupon frequency	2
Total number of coupon payments	30
Indexed	Yes
Name of index	Consumer price index (CPI)
Daily index or monthly index	Daily Index
Base index value	431,57333
Index base date	Friday, April 08, 2016
Dirty price / clean price	Clean price
Call option	N/A
Put option	N/A
Convertible	N/A
Additional information	N/A
Market making	N/A
Credit rating (rating agency, date)	N/A
Securities depository	Nasdaq CSD Iceland hf.
Coordinator – admission to trading	Arion bank 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

Garðabær – Bonds issued by Garðabær (GARD 16 01) admitted to trading on 12 April 2016

Explorer