Íslandsbanki hf.: Conclusion of covered bond offering
Íslandsbanki hf.: Conclusion of covered bond offering
2026-08-24 19:12:00
Íslandsbanki hf. has today concluded an offering of covered bonds. Total demand amounted to ISK 1,960m.
The non-index linked series ISB CBF 28 was sold for an amount of ISK 400m at 1 Month REIBOR+ 0,10%. Total offers received amounted to ISK 640m at a spread to 1 month REIBOR ranging from 0.09% to 0.15%. The Bank is selling previously issued own bonds. The total amount outstanding in the series is ISK 40,000m and thereof ISK 33,380m for own use after the offering.
No offers were accepted in the index linked series ISB CBI 32. Total offers received amounted to ISK 1,320m at a yield ranging from 3.60% to 3.64%.
Settlement will take place on 31 August 2026.
The transaction was managed by Íslandsbanki‘s Fixed Income Sales.