Lykill Financing conducted an auction of 6-month bills in a new series, LYKILL200115, on July 9th, 2019. Total demand in the auction amounted to 620m ISK. Lykill accepted offers in the amount of 460m ISK.
The bills were sold with a yield of 4.90% (simple interest rates). The date of issue and the due date for subscriptions is July 15, 2019.
Fossar Markets managed the auction.
The bills are planned to be admitted to trading on Nasdaq Iceland on 15 July 2019.