Islandsbanki hf.: Concludes commercial paper offering
Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 3,760 million were received and offers worth ISK 2,640 million were accepted. The nominal amount sold in the 6-month series was ISK 2,640 million at a 4.30% simple rate. Total offers received amounted to ISK 3,440 million at rates of 4.29% - 4.40%. The 12-month series received offers amounting to ISK 320 million at rates of 4.39% - 4.65%. All offers were declined at this time.