News

Islandsbanki hf.: Concludes commercial paper offering

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 4,490 million were received and offers worth ISK 1,100 million were accepted.
The nominal amount sold in the 6-month series was ISK 1,100 million at a 4.32% simple rate. Total offers received amounted to ISK 3,870 million at rates of 4.25% - 4.40%.

The 12-month series received offers amounting to ISK 620 million at rates of 4.39% - 4.65%. All offers were declined at this time.

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