Islandsbanki hf. : Upcoming covered bond auction

26.11.2015 - IR Releases

Íslandsbanki hf. will be holding an auction on covered bonds Tuesday 1st December 2015. The 8-year non-indexed issue, ISLA CB 23, and the 11-year CPI-linked issue, ISLA CBI 26, will be offered to investors.

Íslandsbanki has updated its issue schedule from net issuance of ISK 10-13bn to ISK 15-20bn. The Bank has issued covered bonds amounting to ISK 20.26bn this year and net issuance stands at ISK 15.59bn taking into account the amount issued for market making purposes.