Fossar Markets managed OR’s bond auction yesterday, August 21st, 2018.
Total demand amounted to ISK 5,115m nominal amount.
Total offers for the OR090546 bond amounted to ISK 2,040m at a yield between 2.75%-2.89%. OR decided to accept offers for a total amount of ISK 1,580m at a yield of 2.85%.
Total offers for the OR090524 bond amounted to ISK 3,075m at a yield between 2.65%-2.80%. OR decided to accept offers for a total amount of ISK 2,365m at a yield of 2.75%.
The offering was successful and it was the largest auction, in terms of total demand, that OR has conducted in recent years.