On 27 July 2015, the Republic of Iceland offers to buy back its own bonds issued in US dollars maturing in June 2016. The Republic offered to buy up to nominal $400m. at the price 103,75. The tender offer expired on the 4th of August 2015.
The Republic of Iceland has accepted offers for purchase of $400m. in nominal amount of the bonds. The buy back is part of debt and liquidity management for the Republic of Iceland.