Íslandsbanki hf. has today concluded an additional offering of covered bonds following the Bank's auction yesterday, 28 March 2017.
Total demand in today's auction amounted to ISK 3,340m.
The CPI-linked issue ISLA CBI 22 was sold for an amount of ISK 1,500m at a yield of 3.10%. Total offers received amounted to ISK 1,500m at 3.10%. Following the tap issuance, the total amount issued will be ISK 9,820m.
The CPI-linked issue ISLA CBI 26 was sold for an amount of ISK 1,840m at a yield of 3.05%. Total offers received amounted to ISK 1,840m at 3.05%. Following the tap issuance, the total amount issued will be ISK 22,880m.
Trading is expected to commence on 4 April 2017 on Nasdaq Iceland.
The total nominal amount of outstanding covered bonds issued by Íslandsbanki will be to ISK 72,840m after the auction.
For further information:
- Investor Relations - Tinna Molphy, ir@islandsbanki.is and tel: +354 440 3187.
- Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is and tel: +354 440 4005.