Successful bond auction managed by Fossar Markets

22.8.2018

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.