Fossar largest in terms of market share on Nasdaq in 2021

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in 2021. Fossar’s market share in reported trades in December was 11.4% in fixed income and 19.4% in equities, and 9.2% and 15.9% respectively for all trades. In 2021, Fossar Markets is the leader…

Fossar Markets managed Reitir’s bond auction

Reitir real estate company (Bloomberg: REITIR IR) conducted a closed auction of bonds in the series REITIR150537 on December 8th. The bond issue attracted bids amounting to 6,460m ISK nominal. Reitir accepted bids totaling 4,690m ISK nominal at a yield of 1.85%. Fossar markets managed the process on behalf of…

Fossar managed Reykjavik Social Housing’s private placement

Reykjavik Social Housing (Félagsbústaðir) issued 5,200m ISK nominal of social bonds in the series FB100366 SB in a private placement on December 2nd, 2021, at a yield of 1.45%. The total size of the bond series post placement is 18,800m ISK nominal. The bond series is indexed with equal payments…

Fossar largest in terms of market share on Nasdaq in November

Fossar Markets was the market leader in fixed income reported trades on the Nasdaq OMX Iceland Stock Exchange in November. Fossar’s market share in reported trades in November was 19.2% in fixed income and 16.1% in equities, and 16.1% and 13.9% respectively for all trades. Year-to-date Fossar Markets is the…

Record fundraiser on Fossar’s Thanks Day

Fossar Markets’ seventh annual Thanks Day, on 25 November, raised a record total of ISK 21,622,502. Haraldur Thordarson, Fossar’s CEO, presented Margrét Vala Marteinsdóttir, director of Reykjadalur’s Jafningjasetur, with the amount at Fossar’s headquarters in Reykjavík today, Monday 29 November. Customers and partners have received Fossar’s Thanks Day very well,…

Opportunities in the Corporate Bond market

The corporate bond market has gained significant ground in the past few years. This is part of what Fossar Market’s Managing Director of Capital Markets, Steingrímur Finnsson, had to say about the outlook on the market in a recent interview with Markaðurinn, the business section of Icelandic newspaper Fréttablaðið. Steingrímur…

Fossar largest in terms of market share on Nasdaq in September

Fossar Markets was the market leader in fixed income reported trades on the Nasdaq OMX Iceland Stock Exchange in September. Fossar’s market share in reported trades in September was 25.3% in fixed income and 16.3% in equities, and 19.9% and 13.2% respectively for all trades. Year-to-date Fossar Markets is the…

Fossar Markets managed Reginn’s bond auction

Reginn real estate company (Bloomberg: REGINN IR) conducted an auction of bonds in the series REGINN280130 yesterday, September 21st. The bond issue attracted bids amounting to 3,720m ISK nominal. Reginn accepted bids totaling 3,120m ISK nominal at a yield of 1.34%. The total size of the bond series post auction…

Fossar Markets managed Reitir’s bond auction

Reitir real estate company (Bloomberg: REITIR IR) conducted a closed auction of bonds in the series REITIR150527 on September 9th. The bond issue attracted bids amounting to 4,080m ISK nominal. Reitir accepted bids totaling 2,880m ISK nominal at a yield of 1.20%. Fossar markets managed the process on behalf of…

Fossar largest in terms of market share on Nasdaq in August

Fossar Markets was the market leader in fixed income reported trades on the Nasdaq OMX Iceland Stock Exchange in August. Fossar’s market share in reported trades in August was 31.6% in fixed income and 19.8% in equities, and 23.9% and 16.8% respectively for all trades. Year-to-date Fossar Markets is the…

Fossar Markets managed Reginn’s green bond auction

Reginn real estate company (Bloomberg: REGINN IR) conducted an auction of green bonds in the series REGINN23 GB and REGINN27 GB on August 10th, raising 6.04bn ISK. The green bond series, REGINN23 GB, is non-indexed with a maturity of 3 years and pays a fixed 3.20% real-interest rate. The bond…

Fossar largest in terms of market share on Nasdaq in 1H 2021

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in June. Fossar’s market share in reported trades in June was 19.8% in fixed income and 24.8% in equities, and 17.2% and 20.8% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Hreggviður Ingason Joins Fossar Markets

Hreggviður Ingason will become the Director of Fund Management within Fossar Markets’ new Asset Management department. Hreggviður joins Fossar Markets from Lífsverk lífeyrissjóður, where he worked as head of Asset Management from 2016. Hreggviður previously supervised the settlement of Glitnir's derivatives portfolio from 2010 to 2016 and was Head of…

Fossar Managed Reykjavík City’s Green Bond Private Placement

On June 25th 2021, Reykjavík City issued new bonds in the RVKNG 40 1 Green Bond series. Bonds amounting to ISK 3,000m nominal were sold at a yield of 4,50%. Outstanding bonds in the series now amount to ISK 6,820m. The settlement date is June 30th 2021. The bonds pay…

Fossar Markets managed OR’s green bond auction

Yesterday, June 7th, Reykjavik Energy (OR, Orkuveita Reykjavíkur) concluded a green bond offering, increasing the size of the green bond series, OR1802142 GB. OR issued bonds amounting to 2.000 m.kr. in nominal terms at a yield of 4,60%. The size of the bond series is now 4.198 m.kr. in nominal…