Kvika banki hf.
Company Announcement

Kvika banki hf.: Kvika banki hf. completes auction of commercial papers

Kvika banki hf. has concluded an offering of  6-month commercial papers in the new series KVB 17 0323.

Total offers submitted in the auction amounted to ISK 4,460 million and offers were accepted for ISK 2,000 million at a flat rate of 5.98%.

The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland next week.