By Sarah Lizee
Olympia, Wash., March 7 – Reykjavik accepted offers for an additional ISK 2.82 billion of series RVKG 48 1 green bonds at a yield of 2.3%, according to a press release.
Total demand amounted to ISK 3.32 billion at a yield between 2.19% and 2.35%.
The total size of the series following the auction will be ISK 6.92 billion.
Fossar Markets managed the process on behalf of the city.
| Issuer: | Reykjavik
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| Issue: | Green bonds
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| Amount: | ISK 2.82 billion
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| Yield: | 2.3%
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| Announcement date: | March 7
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