Fossar Markets managed Reykjavik Social Housing’s bond auction

18.3.2021

Reykjavik Social Housing (Félagsbústaðir) conducted a closed auction of social bonds in the series FB100366 SB on March 10th, 2021.

The bond issue attracted bids amounting to 3,760m ISK nominal. Reykjavik Social Housing accepted bids totaling 1,950m ISK nominal at a yield of 1.69%. The total size of the bond series post auction is 13,600m ISK nominal. The bond series is indexed with equal payments every three months, has a final maturity on March 10th, 2066 and has a simple guarantee from the City of Reykjavík.

Fossar Markets managed the auction process on behalf of Reykjavik Social Housing and handled investor relations, in addition to listing the series on the Nasdaq Iceland Sustainable Bond market.

Further information:

Sigrún Árnadóttir
CEO, Reykjavik Social Housing
+354 520 1500
sigrun@felagsbustadir.is

Daði Kristjánsson
Fossar Markets
+354 840 4145
dadi.kristjansson@fossarmarkets.com

Matei Manolescu
Fossar Markets
+354 832 4008
matei.manolescu@fossarmarkets.com