Upcoming covered bond auction

Íslandsbanki hf. will be holding an auction on covered bonds Thursday 14th January 2016. The 4-year non-indexed issue, ISLA CB 19, and the 7-year CPI-linked issue, ISLA CBI 22, will be offered to investors.

This is the Bank’s first offering of covered bonds in 2016 but the total issuance of benchmark covered bonds is estimated to be ISK 20-30 billion in 2016. A precise domestic issuance plan may be found on the Bank’s website:

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