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Íslandsbanki Finalizes Covered Bonds Offer

MT Newswires·10/06/2026 00:17:00
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12:17 AM EDT, 10/06/2026 (MT Newswires) -- Íslandsbanki (ISB.IC) concluded a series of covered bond offerings with total demand reaching 6.06 billion Icelandic kronur, according to a Monday release. The offers included the sale of its ISB CBF 28 series bond for 360 million kronur and ISB CBI 32 series bond for 920 million kronur. The ISB CBF 28 series bond was priced at one month Reykjavík interbank offered rate plus 0.10%, while its ISB CBI 32 was priced at a 3.51% yield, with total offers received amounting to 5.70 billion kronur at a yield ranging from 3.49% to 3.60%. The Icelandic lender expects settlement of the transactions on Oct. 12.