Core Viewpoint - The IL Fund has completed its final draw of housing bonds, with significant legislative changes affecting its operations and obligations [1][2] Group 1: Housing Bonds - The IL Fund announced an additional draw, which is the final draw of all housing bonds, scheduled for payment on 15 December 2025 [1] - Several series of housing bonds have been settled in full, including Series 3, Series 2 (two variations), and Series 1 [1] Group 2: Legislative Changes - On 18 December 2025, the Icelandic parliament Althingi repealed the Act on the Processing of Assets and Liabilities of the IL Fund, leading to a transfer of rights and obligations to the Treasury [1] - The Treasury has taken over the bond issue of IBN 38 0101 and the IL Fund's loans, with a change of creditor implemented as of 21 January 2025 [2] - The ID number of the IL Fund will be deregistered with the Company Registration upon completion of these changes [2]
Notice of settlement of IL Fund’s debts
Globenewswire·2026-01-30 15:34