Source - GNW

Íslandsbanki hf. has today offered 6 and 12 month commercial paper to investors. Offers totaling ISK 4,560 million were received and offers worth ISK 940 million were accepted.

The nominal amount sold in the 6-month series was 340m at a 4.92% simple rate. Total offers received amounted to ISK 2,860 million at rates of 4.90% - 5.15%.

The nominal amount sold in the 12-month series was 600m at a 5.04% simple rate. Total offers received amounted to ISK 1,700 million at rates of 4.99% - 5.20%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 13 June.

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Source: Islandsbanki hf. via Globenewswire