Islandsbanki hf.: Corrected results of covered bond offering

World News: . []

This is a correction of the announcement from 17:38 14.05.2019 GMT. The reason is a correction of the total demand and the amount sold of ISLA CBI 28.

Íslandsbanki hf. has today concluded an offering of covered bonds.

Total demand amounted to ISK 6,420m.

The non-index linked issue ISLA CB 21 was sold for an amount of ISK 260m at a yield of 4.72%. Total offers received amounted to ISK 560m ranging from 4.66% - 4.90%.  Following the tap issuance, the total amount issued will be ISK 3,000m.

The non-index linked issue ISLA CB 23 was sold for an amount of ISK 2,320m at a yield of 4.77%. Total offers received amounted to ISK 2,320m ranging from 4.70% - 4.77%.  Following the tap issuance, the total amount issued will be ISK 16,900m.

The CPI-linked issue ISLA CBI 28 was sold for an amount of ISK 2,440m at a yield of 1.82%. Total offers received amounted to ISK 3,540m ranging from 1.73% - 1.88%.  Following the tap issuance, the total amount issued will be ISK 12,760m.

Trading is expected to commence on 21 May 2019 on Nasdaq Iceland.

For further information:Investor Relations - Gunnar S. Magnússon, and tel: +354 440 4665.

More news and information about Islandsbanki hf.

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Globe Newswire: 16:56 GMT Wednesday 15th May 2019

Published: .

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