Islandsbanki hf. : Market making duties on Íslandsbanki‘s covered bonds suspended today, 28 August 2014

28.08.2014 - IR Releases

Following the EFTA Court advisory opinion on the indexation of mortgage lending in Iceland as published 28 August 2014, Íslandsbanki would like to make known the following:

The largest issuers of bonds listed in the Icelandic Stock Exchange have decided to relieve their market makers of trading duties today, 28 August.

As a result, there may be material disruption in the market environment and trading of other bonds. In that light, Íslandsbanki has decided to temporarily relieve its market maker, MP banki, of its trading duties on the Bank’s covered bonds today, 28 August 2014.