Kvika banki hf. completes auction of bills


Kvika banki hf. has concluded an offering of 6-month bills in the new series KVB 19 0620. Total offers for bills in the auction amounted to ISK 2,120 million and offers were accepted for ISK 1,840 million at a simple rate of 5,20%. The bills are scheduled to be admitted to trading on Nasdaq Iceland in the coming weeks.