Fossar Markets’ Thanks Day collection of over 11 million ISK presented to Rjóðrið

Thanks Day fundraiser to support children and young people with long-term illness Haraldur Þórðarson, Fossar Markets’ CEO, has presented Guðrún Ragnars, a paediatric nurse and Head of The National University Hospital’s nursing, rest, and rehabilitation unit for children with long-term illness (Rjóðrið), with ISK 11,071,795 collected on the Thanks Day,…

Today is Fossar‘s Thanks Day

Fossar’s Thanks Day is held for the fifth time today, 28 November 2019. The Thanks Day is an annual event where Fossar Market’s collected service fees on that day are all awarded to a deserving cause. The Thanks Day also enjoys the support of the Nasdaq Iceland stock exchange, Tvist,…

Renewed Interest Among Foreign Investors

With extensive experience in bringing foreign investors to Iceland, Fossar Markets employees have developed a widespread contact network. Fossar Markets CEO Haraldur Thordarson noted in a recent interview with Helgi Vífill Júlíusson for Markaðurinn, the weekly business paper of Fréttablaðið, that the interest of foreign investors in the Icelandic market…

Sean Kidney visit organised by Fossar Markets

A recent visit to Iceland by Sean Kidney, founder and CEO of the Climate Bonds Initiative (CBI), was very successful and well received by both investors and Icelandic media outlets. Fossar Markets organised Kidney’s visit to coincide with Fossar joining the CBI Partner Program. During his visit, Kidney spoke at…

Reykjavik Social Housing issues first Icelandic Social Bond

Reykjavik Social Housing (RSH, Felagsbustadir) has successfully issued the first social bonds in Iceland. The bonds were sold in a private placement transaction and the issue was sized at ISK 6.400 million nominal value at a yield of 1,90%. The new social bond series, FB100366 SB, has a maturity of…

Fossar Markets Becomes a Climate Bonds Partner

Fossar Markets (Fossar), the leading independent securities firm in Iceland, has joined the Climate Bonds Initiative Partners Programme. Fossar is the first Icelandic organization to become a Partner, highlighting its commitment to the development and growth of green finance. As a Climate Bonds Partner, Fossar will have access to exclusive…

Lykill fjármögnun hf.: Bond auction result

Lykill fjármögnun hf. conducted a bond auction of a CPI-linked bond series, LYKILL 26 05, on October 15th 2019. The issue attracted bids amounting to ISK 1,600m at a yield of 2.91% - 3.10%. Lykill accepted offers in the amount of ISK 1,600m at a yield of 3.10%. The bond…

Reykjavik Energy: Green Bond Private Placement

On October 11th 2019, Reykjavik Energy (OR) sold new bonds in the Green Bond series OR180255 GB. The new issue amounted to ISK 2,733 million nominal value and the bonds were sold at a yield of 1.80%. Fossar Markets managed the process on behalf of OR. For further information please…

Lykill fjármögnun hf.: Auction of CPI-linked bonds on October 15th

Lykill fjármögnun hf. (Lykill) will conduct a bond auction of a CPI-linked bond series, LYKILL 26 05, next Tuesday, October 15th. The bond series has a 7-year maturity, carries a fixed nominal rate of 3.30%, is CPI-linked and secured by cover pool, consisting of loans, leases and pledged accounts. The…

NASDAQ Fossar

Fossar volume leader in Fixed Income in September

Fossar Markets is the volume leader in equities trading year-to-date on the Nasdaq OMX Iceland Stock Exchange, in addition to being the volume leader in fixed income in September. Fossar’s market share in reported trades in September was 30.4% in fixed income and 31.0% in equities, and 21.9% and 21.5%…

NASDAQ Fossar

Fossar volume leader in equities trading YTD

Fossar Markets is the volume leader in equities trading year-to-date on the Nasdaq OMX Iceland Stock Exchange. Fossar’s market share in reported trades in August was 20.2% in fixed income and 24.4% in equities, and 15.7% and 18.7% respectively for all trades. Year-to-date Fossar’s market share in reported trades is…

Fossar managed Lykill’s 6-month bill auction

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…

Reykjavik Energy (OR) Lists its First Green Bonds on Nasdaq Iceland

Nasdaq (Nasdaq: NDAQ) today announced that Reykjavik Energy (OR) has listed its first green bond series on Nasdaq Iceland’s sustainable bond market. The bond series currently have an outstanding nominal amount of about ISK 7.5 billion and a maturity of 36 years. The first issuance in the bond series was…

OR Green Bond offering today managed by Fossar Markets

Orkuveita Reykjavíkur (OR; Reykjavik Energy) will conduct a closed auction of inflation linked green bonds, OR180255 GB, on June 12th 2019. The green bond series has a maturity of 36 years, pays a fixed real-interest rate and will be listed on the Nasdaq Iceland Sustainable Bond market. The series has…

Fossar Markets will manage an auction for Reitir Real Estate Company on Tuesday, April 9th

Reitir Real Estate Company will conduct a bond auction on Tuesday, April 9th, 2019. Fossar Markets will manage the auction. Bonds will be sold in the following series: REITIR151244: CPI-indexed annuity of 26 years. Outstanding nominal amount: ISK 38.3bn REITIR151124: CPI-indexed annuity of 6 years. Outstanding nominal amount: ISK 9.5bn…