Kvika banki hf. - Company Announcement

Kvika banki hf.: Kvika banki hf. completes auction of commercial papers

Kvika banki hf. has concluded an offering of  6-month commercial papers in the
new series KVB 17 0323.



Total offers submitted in the auction amounted to ISK 4,460 million and offers
were accepted for ISK 2,000 million at a flat rate of 5.98%.


The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland
next week.


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