News

Republic of Iceland Repurchases EUR 204 Million of Its 2026 Bonds

The Republic of Iceland has successfully repurchased, for cancellation, EUR 203.7 million in nominal value of its outstanding 0.625% Eurobonds due 2026 (ISIN: XS2182399274), representing over 40% of the original EUR 500 million issue. The buyback was executed at a price of 98.81%, equivalent to approximately ISK 29 billion.

The tender offer was launched on Monday, 19 May 2025 and closed at 17:00 BST on Friday, 23 May 2025.

This transaction is part of the Treasury’s ongoing liquidity and debt management strategy, aimed at reducing near-term refinancing risk and improving the maturity profile of the Government's debt portfolio. The buyback was financed from proceeds of the new EUR 750 million Eurobond issued earlier last week.

Events

Jun
6

Auction of Treasury Bills

6.6.2025 00:00:00
Jun
6

Auction of Treasury Bonds

6.6.2025 00:00:00
Jun
10

Market Information

10.6.2025 00:00:00
Non-indexed Change Price Yield
RIKB 25 0612 99.98 8.51
RIKB 26 1015 99.00 7.50
RIKB 27 0415 100.83 7.49
RIKB 28 1115 93.20 7.28
RIKB 31 0124 97.71 6.99
RIKB 35 0917 100.99 6.86
RIKB 38 0215 97.43 6.80
RIKB 42 0217 78.20 6.71
Indexed Change Price Yield
RIKS 26 0216 97.55 5.11
RIKS 30 0701 100.55 3.13
RIKS 33 0321 100.23 2.97
RIKS 37 0115 82.53 2.78
Data delayed by 15 min.