Fossar Markets managed a bond auction for the City of Reykjavik


The City of Reykjavik conducted an auction of bonds in the series RVKN 35 1, on May 27th, 2020.

The bond issue attracted bids amounting to 3,330m ISK nominal at a yield in the range of 2.93 – 3.07%. The City of Reykjavik accepted bids totaling 2,610m ISK nominal at a yield of 2.99%. The total size of the bond series post auction is 13,380m ISK nominal.

The date of issue is June 2nd, 2020.

Fossar Markets managed the auction.

Further information:

Helga Benediktsdóttir
Head of Treasury at Reykjavik City
+354 898-8272

Daði Kristjánsson
Fossar Markets hf.
+354 840-4145