Fossar largest in terms of market share on Nasdaq in April

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in April. Fossar’s market share in reported trades in April was 25.9% in fixed income and 25.9% in equities, and 21.2% and 21.3% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Fossar hired as member of the Syndicate for Íslandsbanki’s IPO

The Icelandic State Financial Investments (ISFI) has hired Fossar Markets, together with eight other parties, as a member of the syndicate in relation to ISFI’s potential sale and distribution of shares in Íslandsbanki hf. and listing in the Nasdaq OMX Iceland Stock Exchange by mid-2021. Fossar, together with the other…

Fossar Markets managed OR’s green bond auction

On April 8th, 2021, Orkuveita Reykjavíkur (OR; Reykjavik Energy) concluded a closed green bond offering in a new bond series, OR180242 GB. The bonds pay a fixed, non-indexed interest rate with a semiannual fixed principal amortization schedule and has a final maturity on February 18th, 2042. The series attracted bids…

Reykjavik Energy – New Green Bond Series Offering Today

Reykjavik Energy (OR, Orkuveita Reykjavíkur) will conduct a closed auction of a new green bond series, OR180242 GB, today, April 8th 2021. OR180242 is a non-indexed bond, paying fixed interest rates and has even principal payments with a final maturity in April 2042. The bond offering confirms with approved financing…

Fossar largest in terms of market share on Nasdaq in March

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in March. Fossar’s market share in reported trades in March was 19.5% in fixed income and 51.0% in equities, and 15.2% and 41.6% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Reykjavik Energy – New Green Bond Series Offering on April 8th

Reykjavik Energy (OR, Orkuveita Reykjavíkur) will conduct a closed auction of a new green bond series, OR180242 GB on April 8th, 2021 OR180242 is a non-indexed bond, paying fixed interest rates and has even principal payments with a final maturity in April 2042. The bond offering confirms with approved financing…

Fossar Markets managed Reitir’s bond auction

Reitir real estate company (Bloomberg: REITIR IR) conducted a closed auction of bonds in the series REITIR150527 and REITIR150523 on March 25th. The bond issues attracted bids amounting to 5,770m ISK nominal. Reitir accepted bids in the series REITIR150527 totaling 1,210m ISK nominal at a yield of 1.38% and 600m…

Fossar Markets managed Reykjavik Social Housing’s bond auction

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…

Fossar Markets managed Reginn’s bond auction

Reginn real estate company (Bloomberg: REGINN IR) conducted an auction of bonds in the series REGINN23 GB and REGINN280130 yesterday, March 4th. The bond issues attracted bids amounting to 9,670m ISK nominal. The REGINN23 GB bond issue attracted bids amounting to 2,220m ISK nominal. Reginn accepted bids totaling 900m ISK…

Fossar largest in terms of market share on Nasdaq in February

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in February. Fossar’s market share in reported trades in February was 21.7% in fixed income and 34.5% in equities, and 15.7% and 27.3% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Fossar Markets managed a bond auction for City of Reykjavik

The City of Reykjavik conducted an auction of bonds in the series RVK 32 1 and RVKN 35 1, on January 27th, 2021. The bond issues attracted bids amounting to 3,950m ISK nominal. The RVK 32 1 bond issue attracted bids amounting to 2,470m ISK nominal at a yield in…

Fossar largest in terms of market share on Nasdaq in January

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in January. Fossar’s market share in reported trades in January was 23.6% in fixed income and 36.7% in equities, and 15.6% and 30.5% respectively for all trades. Total turnover in January amounted to 281…

Fossar largest in terms of market share on Nasdaq in 2020

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in 2020. Fossar’s market share in reported trades in December was 18.7% in fixed income and 25.0% in equities, and 14.8% and 19.3% respectively for all trades. In 2020, Fossar Markets is the leader…

It’s Time for Green Bonds!

We have previously written about the advantages of Iceland issuing green government bonds. In our previous writings, before the Covid-19 pandemic, we assumed that we had ample time to thoughtfully assess the issue and subsequently make a decision. We’ve organized meetings with the administration’s leaders regarding the advantages of issuing…

Fossar largest in terms of market share on Nasdaq in November

Fossar Markets was the market leader in equities reported trades on the Nasdaq OMX Iceland Stock Exchange in November. Fossar’s market share in reported trades in November was 15.3% in fixed income and 23.9% in equities, and 10.9% and 19.0% respectively for all trades. Year-to-date Fossar Markets is the leader…