Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Iceland: bonds

The Central Bank of Iceland administers debt affairs and debt management with the authorisation of the Ministry of Finance and in accordance with guidelines set by the Ministry. The Minister of Finance decided to assign the tasks that were handled by the NDMA to the Central Bank of Iceland. The changes took place on October 1st, 2007.

Nominal Treasury Bonds (RIKB) are coupon or zero coupon, none-indexed securities issued by the Government Debt Management on behalf of the Republic of Iceland. Issues of Nominal Treasury Bonds listed on the NASDAQ OMX Iceland hf.

Inflation-linked Treasury Bonds (RIKS) are long-term bullet bonds or coupon bonds issued by the Government Debt Management on behalf of the Republic of Iceland. The Bonds are index-linked to the Icelandic Consumer Price Index.

Treasury Bills (RIKV) are zero coupon, none-indexed securities with maturity up to one year and issued by the Government Debt Management on behalf of the Republic of Iceland.

Listed below are the five banks that act as Primary Dealers for Government Securitities: Islandsbanki, Arion Bank, Landsbankinn, mp bank, Straumur Investment Bank.

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
ISK 12 642 971 321 020
EUR 3 1 750 000 000
USD 1 1 000 000 000
municipal
ISK 8 37 440 000 000
corporate
ISK 51 925 587 616 408
SEK 22 9 200 000 000
EUR 12 3 500 000 000
NOK 7 3 217 000 000
USD 4 922 231 000

Sovereign rating

Rating AgencyRatingRating scaleDate
Dagong Global *** International scale rating (foreign curr.) ***
Dagong Global *** International scale rating (local curr.) ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Iceland, RIKV 16mar2020 6m - Domestic bonds IS0000031425 0% 4 320 000 000  ISK 08/29/2019 03/16/2020
Arion Bank, FRN 9jul2029, NOK - International bonds XS2025568846 3m NIBOR + 3.65% 300 000 000  NOK 07/03/2019 07/09/2029
Iceland, RIKV 5feb2020 8m - Domestic bonds IS0000031292 0% 9 328 000 000  ISK 06/27/2019 02/05/2020
Islandsbanki, FRN 26jun2029, SEK - International bonds XS2017804548 3m STIBOR + 3.9% 500 000 000  SEK 06/18/2019 06/26/2029
Iceland, 0.1% 20jun2024, EUR - International bonds XS2015295814 0.1% 500 000 000  EUR 06/13/2019 06/20/2024
Landsbankinn, FRN 24nov2020, SEK - International bonds XS1523193123 3M STIBOR + 1.5% 550 000 000  SEK 05/21/2019 11/24/2020
Landsbankinn, FRN 29nov2020, SEK - International bonds XS2004503889 0.852% 600 000 000  SEK 05/21/2019 11/29/2020
Islandsbanki, 1.125% 12apr2022, EUR - International bonds XS1980828997 1.125% 300 000 000  EUR 04/04/2019 04/12/2022
Arion Bank, FRN 5apr2022, SEK - International bonds XS1977186920 3m STIBOR+1.33% 150 000 000  SEK 03/29/2019 04/05/2022
Iceland, RIKV 15nov2019 8m - Domestic bonds IS0000031102 0% 10 759 000 000  ISK 03/28/2019 11/15/2019

Forex

Daily indices

Type: 09/18/2019 09/17/2019 09/16/2019 09/13/2019 09/12/2019 09/11/2019 09/10/2019
FOREX rates
[3979] USD/ISK 124.0231 123.4328 123.7189 124.5330 125.0025 125.8156 125.6500
[9881] EUR/ISK 136.8040 136.6040 136.2040 137.9026 138.3177 138.5169 138.7199
show other indices

GDP

Yearly indices

Type: 2018 2017 2016 2015 2014
Government debt-to-GDP (Western Europe)
[15239] Government Debt to GDP(Iceland) 37.70 42.30 54.00 68.50 82.50

Historical yields

Daily indices

Type: 09/18/2019 09/17/2019 09/16/2019 09/13/2019 09/12/2019 09/11/2019 09/10/2019
10Y Government Bond Yields, Western Europe
[24241] Iceland 10Y YTM 3.673 3.673 3.655 3.703 3.748 3.791 3.724
show other indices

International bonds outstanding volume

Monthly indices

Type: Aug 2019 Jun 2019 May 2019 Apr 2019 Mar 2019 Feb 2019 Jan 2019
DM international bonds outstanding volume
[11347] Iceland sovereign international bonds, USD bln 1.512 1.561 1.044 1.048 1.048 1.062 1.067
[11349] Iceland corporate international bonds, USD bln 8.843 8.930 8.803 8.935 9.062 9.380 9.246
show other indices

Central banks rates

Periodic indices

Type: Current value Change Last update
Western Europe central banks rates
[9363] Iceland Lending Rate, %  5.25 -0.5 10.12.2014

Inflation

Monthly indices

Type: Aug 2019 Jul 2019 Jun 2019 May 2019 Apr 2019 Mar 2019 Feb 2019
Inflation (Western Europe)
[15587] Inflation Rate (Iceland) 3.20 3.10 3.30 3.60 3.30 2.94 2.98
show other indices

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Iceland, 2.5% 15jul2020, EUR   EUR 07/15/2020 05/18/2016 ***.*** *.** 05/18/2016 ***.*** *.**
Iceland, 4.875% 16jun2016, USD   USD 06/16/2016 05/18/2016 ***.* *.** 05/18/2016 ***.* *
Iceland, 5.875% 11may2022, USD   USD 05/11/2022 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
Arion Bank, 3.125% 12mar2018, EUR   EUR 03/12/2018 05/18/2016 ***.*** *.** 05/18/2016 ***.** *.**
Landsbankinn, 1% 19oct2018, EUR   EUR 10/19/2018 05/18/2016 ***.** *.** 05/18/2016 ***.*** *.**
* Registration required. Please log in or fill in the registration form.
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×