CORRECTION: Íslandsbanki hf. - Covered Bonds (ISLA CB 27) admitted to trading on September 16, 2020
NASDAQ Iceland hf.
Fixed Income
CORRECTION: Íslandsbanki hf. - Covered Bonds (ISLA CB 27) admitted to trading
on September 16, 2020
The instrument subtype, market and list population name has been corrected.
Issuer Information
1 Issuer: Íslandsbanki hf.
2 Org. no: 4910080160
3 LEI 549300PZMFIQR79Q0T97
Issue Information
4 Symbol (Ticker) ISLA CB 27
5 ISIN code IS0000032233
6 CFI code DBFSFR
7 FISN númer ISLANDSBANKI/2.50 BD 20270916
8 Bonds/bills: Bond
9 Total issued 30.000.000.000
amount
10 Total amount 0
previously issued
11 Amount issued at 1.160.000.000
this time
12 Denomination in 20.000.000
CSD
13 Listed on Nasdaq Yes
Stock Exchange
Amortization -
Cash Flow
14 Amortization type Equal Installments
15 Amortization type,
if other
16 Currency ISK
17 Currency, if other
18 Issue date September 16, 2020
19 First ordinary March 16, 2021
installment date
20 Total number of 14
installments
21 Installment 2
frequency
22 Maturity date September 16, 2027
23 Interest rate 2,50
24 Floating interest
rate, if
applicable
25 Floating interest
rate, if other
26 Premium
27 Simple/compound Simple Interest
interest
28 Simple/compound,
if other
29 Day count 30E/360
convention
30 Day count
convention, if
other
31 Interest from date 2020-09-16
32 First ordinary 2021-03-16
coupon date
33 Coupon frequency 2
34 Total number of 14
coupon payments
35 If irregular cash
flow, then how
36 Dirty price / Clean
clean price
37 Clean price quote: Full nominal
38 If payment date is Nei
a bank holiday,
does payment
include accrued
interest for days
missing until
next business
day?
Indexing
39 Indexed No
40 Name of index
41 Daily index or NA
monthly index
42 Daily index or
monthly index, if
other
43 Base index value
44 Index base date
Other Information
45 Call option No
46 Put option No
47 Convertible No
48 Credit rating No
(rating agency,
date)
---------------------------------------------------------
49 Additional The maturity date is September 16, 2027 but can be
information extended to September 16, 2030. If extended the
interest rate will increase to 3,0% from the original
maturity date to the extended maturity date. If the
Issuer is unable to pay the interest expense in full
after the original maturity date, the interest shall be
added to the outstanding principal of the bond.
---------------------------------------------------------
Admission to
Trading
50 Registered at CSD Yes
51 Securities Nasdaq CSD Iceland
depository
52 Date of September 10, 2020
Application for
Admission to
Trading
53 Date of Approval September 10, 2020
of Application
for Admission to
Trading
54 Date of admission September 16, 2020
to trading
55 Order book ID ISLA_CB_27
56 Instrument subtype Mortgage bond
57 Market Iceland Cash Bond Trading
58 List population ICE_BANK_BONDS
name
59 Staticvolatility No
guards
60 Dynamic volatility No
guards
61 MiFIR identifier BOND - Bonds
62 Bond type CVDB - Covered Bond