Treasury Issues EUR-denominated Bonds

13.12.17
Treasury Issues EUR-denominated Bonds

The Republic of Iceland has today concluded agreements on issuance of bonds totalling EUR 500 million, or the equivalent of ISK 61,5 billion.  

The bonds bear fixed interest of 0.5% and have a 5-year maturity, with a yield of 0.56%. Investors showed strong interest in the issue, with total subscriptions around EUR 3,9 billion or eight times the size of the issue.  The broad-based investor group is comprised of central banks and other institutional investors, mainly from Europe. 

Citibank, Barclays, Deutsche Bank and Nomura were joint managers for the issue.

Yesterday an offer of buy back of existing bonds of 750 million euros issued in 2014 expired. Owners of 397,6 million euros accepted the offer. Owners that wished for got a priority allocation in the new bond. Treasury’s total debt increases by 12.5 bn. ISK.

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Aðrar fréttir

Mar 13 2025
Treasury Bills
Treasury Bill Auction Announcement - RIKV 25 0521 - RIKV 25 0917
Series RIKV 25 0521 RIKV 25 0917
ISIN IS0000036986 IS0000037349
Maturity Date 05/21/2025 09/17/2025
Auction Date 03/17/2025 03/17/2025
Settlement Date 03/19/2025 03/19/2025

On the Auction Date, between 10:30 am and 11:00 am, the Government Debt Management will auction Treasury bills in the Series, with the ISIN numbers and with the Maturity Dates according to the table above. Payments for the Treasury bills must be received by the Central Bank before 14:00 on the Settlement Date and the Bills will be delivered in electronic form on the same day.

Please note that the Treasury bill RIKV 25 0917 will be registered electronically at Verðbréfamiðstöð Íslands hf. central securities depository (VBM). The Treasury bill RIKV 25 0521 is registered at Nasdaq CSD.

Further reference is made to the General Terms of Icelandic Treasury bills and General Terms of Auction for Treasury bills on the Government Debt Management website.

For additional information please contact Oddgeir Gunnarsson, Government Debt Management, at +354 569 9635.