Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

27.05.25
Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

The Republic of Iceland has successfully repurchased, for cancellation, EUR 203.7 million in nominal value of its outstanding 0.625% Eurobonds due 2026 (ISIN: XS2182399274), representing over 40% of the original EUR 500 million issue. The buyback was executed at a price of 98.81%, equivalent to approximately ISK 29 billion.

The tender offer was launched on Monday, 19 May 2025 and closed at 17:00 BST on Friday, 23 May 2025.

This transaction is part of the Treasury’s ongoing liquidity and debt management strategy, aimed at reducing near-term refinancing risk and improving the maturity profile of the Government's debt portfolio. The buyback was financed from proceeds of the new EUR 750 million Eurobond issued earlier last week.

Til baka

Aðrar fréttir

Aug 06 2025
Treasury Bonds
Treasury Bond Auction Announcement - RIKB 38 0215
Series RIKB 38 0215
ISIN IS0000037265
Maturity Date 02/15/2038
Auction Date 08/08/2025
Settlement Date 08/13/2025
10% addition 08/12/2025

On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bonds in the Series, with the ISIN number and with the Maturity Date according to the table above. Payments for the Treasury bonds must be received by the Central Bank before 14:00 on the Settlement Date and the Bonds will be delivered in electronic form on the same day. Article 6 of the General Terms of Auction for Treasury bonds applies for the right to purchase an additional 10%.

Further reference is made to the description of the Treasury bond and the General Terms of Auction for Treasury bonds on the Government Debt Management website.

For additional information please contact Tryggvi Freyr Harðarson, Government Debt Management, at +354 569 9630.