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Kaldalón hf.: Bill Auction Announcement
Globenewswire· 2025-08-21 09:00
Core Viewpoint - Kaldalón hf. is set to auction six-month bills in a new series, KALD 26 0302, as part of its strategy to regularly issue bills and bonds [1] Group 1: Auction Details - The auction will utilize the Dutch method, where all accepted bids are sold at the highest accepted flat yield [2] - The bills will be issued in nominal value units of ISK 20 million, with the company having the discretion to accept or reject bids [2] - Results of the auction will be announced before market opening on Tuesday, 26 August [2] Group 2: Management and Submission - Landsbankinn hf. will manage the auction, with bids required to be submitted by 16:00 on Monday, 25 August [3] - Payment and settlement for the auction is scheduled for Monday, 1 September 2025 [3] Group 3: Regulatory Information - The auction is exempt from the requirement to publish a prospectus under specific EU regulations [4] - Relevant documents regarding the issuance and trading of the bills will be available on the company's website [4] Group 4: Contact Information - For further inquiries, the CFO of Kaldalón hf. can be contacted via email, along with a contact number for Landsbankinn hf. [5]