17. June 2017

Kvika completes auction of bills

Kvika banki hf. has concluded an offering of  6-month bills in the new series KVB 17 1221. Total offers for bills in the auction amounted to ISK 2,720 million and offers were accepted for ISK 2,000 million at a simple rate of 5.09%. The bills are scheduled to be admitted to trading on Nasdaq Iceland before July 6th 2017.