Islandsbanki hf.: Concludes commercial paper offering

16.05.2017 - IR Releases
Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 4,840 million were received and offers worth ISK 1,960 million were accepted.

The nominal amount sold in the 6-month series was 1,700m at a 5.15% simple rate. Total offers received amounted to ISK 3,840 million at rates of 5.05% - 5.35%.

The nominal amount sold in the 12-month series was 260m at a 5.31% simple rate. Total offers received amounted to ISK 1,000 million at rates of 5.29% - 5.50%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 23 May.
 
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