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Íslandsbanki Completes New Tier 2 Bond Offering

MT Newswires·09/18/2026 00:13:30
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12:13 AM EDT, 09/18/2026 (MT Newswires) -- Íslandsbanki (ISB.IC) finalized an offering of its new ISB T2 36 tier 2 bond, with final maturity on Sept. 24, 2036. The Icelandic lender sold the floating-rate bond for 1.40 billion Icelandic kronur at one-month Reykjavík interbank offered rate plus 1.02%, according to a Thursday release. The offering received total demand of 3.30 billion kronur. Íslandsbanki expects to list the bonds on Nasdaq Iceland on Sept. 24.