Islandsbanki hf.: Upcoming covered bond auction 9 September

Íslandsbanki hf. will be holding an auction on covered bonds on Wednesday 9 September 2020.
The series ISLA CB 27 and ISLA CBI 28 will be offered to investors.ISLA CB 27 is a new amortizing fixed rate series maturing on 16 September 2027. The bond bears a 2,5% nominal interest.The series are expected to be listed on Nasdaq Iceland on 16 September 2020.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 9 September 2020.For further information contact Investor Relations, ir@islandsbanki.is.