Islandsbanki hf.: Íslandsbanki completes commercial paper offering

04.04.2017 - IR Releases

Íslandsbanki hf. has today offered 12 month commercial paper to investors. Offers totaling ISK 1,600 million were received and offers worth ISK 420 million were accepted.

The nominal amount sold in the 12-month series was 420m at a 5.41% simple rate. Total offers received amounted to ISK 1,600 million at rates of 5.34% - 5.55%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 12 April.