Íslandsbanki has issued a EUR 300 million 0.75% fixed rate senior preferred sustainable bond with a maturity of 3 years, at a spread of 83 basis points over mid-swaps. The transaction is the Bank's second sustainable issue in Euros and was placed with 45 investors across Europe. The bond is expected to be listed on the Irish Stock Exchange on 25 January 2022.

The transaction is issued under Íslandsbanki's GMTN Programme supported by the Bank's Sustainable Financing.