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…

Fossar Markets managed OR‘s second successful Green Bond auction

Reykjavik Energy (OR: Orkuveita Reykjavikur) conducted a successful auction of Green Bonds on April 4th. The bond issue attracted bids amounting to ISK 3,330m at a yield in the range of 2.2 - 2.4% with OR accepting bids totalling ISK 2,110m at a yield of 2.29%. The auction is the…

Fossar to manage Reykjavik Energy‘s green bond auction

Reykjavik Energy (OR) has decided to conduct an auction of Green Bonds on Thursday, March 4. Fossar Markets will manage the auction. The offered series OR 180255 GB will be admitted to trading on Nasdaq Iceland Sustainable Bond market. The series is an indexed annuity with payments twice a year…

Fossar manages successful Green Bond auction for City of Reykjavík

Fossar Markets managed a Green Bond auction for the City of Reykjavik on March 6th, 2019. Total demand for the Green Bond series, RVKG 48 1, amounted to 3,320m ISK nominal at a yield in the range of 2.19% - 2.35%. Offers amounting to 2,820m ISK nominal were accepted at…

Fossar manages a successful bond auction for Reitir

Fossar Markets managed Reitir's bonds auction on February 26th, 2019. Total demand in the auction amounted to 5,142m ISK nominal. Reitir decided to accept offers amounting to 950m ISK nominal, with yield at 3.45% in the series REITIR151244 and offers amounting to 1,100m ISK nominal, with yield at 2.60% in…

Fossar Markets will manage an auction for Reykjavik city next Wednesday, March 6

Reykjavik City will conduct a bond auction next Wednesday, March 6. The maximum issuance of 2019 is 5.5bn ISK and no borrowings have taken place this year. Outstanding amount for RVKG 48 1 prior to this auction is ISK 4,100 m. nominal. The series is indexed annuity with payments twice…