Íslandsbanki will offer covered bonds in a new series, ISB CB 31, on Monday, 26 May 2025.
ISB CB 31 is a new bond with a fixed rate annual coupon. The final maturity date is 3 June 2031.
The bonds will be offered in a single-price auction, where all accepted offers will be awarded at the highest accepted yield. Íslandsbanki reserves the right to accept or reject offers in part or in whole.
Expected settlement date is 3. June 2025.
The covered bonds will be issued under the Bank’s covered bond programme. The Base Prospectus is available here: Covered bonds programme.
The auction will be managed by Íslandsbanki’s Fixed Income Sales. Offers shall be submitted by e-mail to vbm@isb.is before 16:00 p.m. on 26 May 2025.
For further information please contact:
Investor Relations - Bjarney Anna Bjarnadóttir, ir@islandsbanki.is
Public Relations - Edda Hermannsdóttir, pr@islandsbanki.is
MAR legend
This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf.