Fossar Markets managed Reitir’s bond auction

On July 2nd 2020, Reitir sold new bonds in the series REITIR150529. The new issue amounted to ISK 1,500 million nominal value and the bonds were sold at a yield of 2.32%. Fossar Markets managed the process on behalf of Reitir. Further information: Einar Þorsteinsson CFO at Reitir Phone: +354…

NASDAQ Fossar

Fossar leading in terms of market share on Nasdaq in H1 2020

Fossar Markets was the market leader in terms of reported trades in both fixed income and equities on the Nasdaq OMX Iceland Stock Exchange in the first half of 2020. Fossar’s market share in reported trades in June was 18.9% in fixed income and 16.8% in equities, and 13.3% and…

Reginn hf. closes ISK 5bn green bond offering

Reginn real estate company (Bloomberg: REGINN IR) concluded a green bond offering on June 30th, raising ISK 5bn (USD 36m/EUR 32m) from institutational investors. Reginn is the first real estate company to issue a green bond in the Icelandic market and the first company listed on the Iceland Nasdaq stock…

Iceland included in the MSCI Frontier Markets Index

The MSCI Iceland Index will be included in the MSCI Frontier Markets Index in one step coinciding with the May 2021 Semi-Annual Index Review. Based on the simulation using pro forma data as of June 18, 2020, this would lead to the inclusion of two securities (MAREL IR and ARION…

Reykjavik Energy Green Bond Offering Results

Yesterday, June 23rd 2020, Orkuveita Reykjavikur (OR; Reykjavik Energy) concluded its closed green bond offering in the series OR020934 GB and OR0180255 GB. The bonds pay a fixed real-interest rate with a semiannual annuity amortization schedule and have a final maturity on September 2nd 2034 and February 18th 2055 respectively. The series…

Reykjavik Energy – Green Bond offering on June 23rd

Orkuveita Reykjavíkur (OR; Reykjavik Energy) will conduct a closed auction of inflation linked green bonds in the series OR020934 GB and OR0180255 GB on June 23rd, 2020. OR020934 GB pays a fixed real-interest rate, has a semiannual annuity amortization schedule and a final maturity on September 2nd, 2034. OR0180255 GB…

Fossar largest in terms of market share on Nasdaq in May

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in May. Fossar’s market share in reported trades in May was 23.7% in fixed income and 25.7% in equities, and 16.4% and 20.2% respectively for all trades. Year-to-date Fossar Markets is the leader in…

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…

Fossar largest in terms of market share on Nasdaq in April

Fossar Markets is the market leader in fixed income reported trades on the Nasdaq OMX Iceland Stock Exchange in April and year-to-date. Fossar’s market share in reported trades in April was 27.6% in fixed income and 20.2% in equities, and 18.9% and 16.2% respectively for all trades. Year-to-date Fossar Markets…

Reykjavik Energy – Green Bond Private Placement

On April 22nd 2020, Reykjavik Energy (OR) sold new bonds in the Green Bond series OR180255 GB. The new issue amounted to ISK 2,000 million nominal value and the bonds were sold at a yield of 1.50%. Fossar Markets managed the process on behalf of OR. For further information please…

Fossar leading in terms of market share on Nasdaq in the first quarter

Fossar Markets was the market leader in terms of reported trades in fixed income on the Nasdaq OMX Iceland Stock Exchange in March. Fossar’s market share in reported trades in March was 17.6% in fixed income and 16.4% in equities, and 9.3% and 12.1% respectively for all trades. In Q1…

Reykjavik Energy Green Bond Offering Results

Today, March 3rd 2020, Orkuveita Reykjavikur (OR; Reykjavik Energy) concluded its closed green bond offering in the series OR020934 GB and OR0180255 GB. The bonds pay a fixed real-interest rate with a semiannual annuity amortization schedule and have a final maturity on September 2nd 2034 and February 18th 2055 respectively. The series attracted…

Fossar leading 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 25.4% in fixed income and 22.2% in equities, and 15.6% and 15.7% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Reykjavik Energy: Green bond offering on March 3rd

Orkuveita Reykjavíkur (OR; Reykjavik Energy) will conduct a closed auction of inflation linked green bonds in the series OR020934 GB and OR0180255 GB on March 3rd 2020. OR020934 GB pays a fixed real-interest rate, has a semiannual annuity amortization schedule and a final maturity on September 2nd 2034. OR0180255 GB…

Market share on Nasdaq in January

Fossar’s market share in reported trades in January was 18.5% in fixed income and 16.7% in equities, and 14.2% and 13.5% respectively for all trades. Total turnover in January amounted to 272 billion ISK in fixed income and 142 billion ISK in equities. Majority of turnover is through reported trades.…