Community grants in the total amount of ISK 15 million were awarded from Landsbankinn’s Community Fund on 21 December. A total of 32 projects received financial support. The projects are varied and benefit people of all ages and throughout Iceland.

Landsbankinn hf. has today concluded the sale of floating rate bonds with a maturity of 3 years in the amount of SEK 850m and NOK 500m. The bonds were priced at a spread of 80bp over 3-month STIBOR and 79bp over 3-month NIBOR. In addition, the bank sold bonds with a maturity of 2 years in the amount of SEK 850m at a spread of 65bp over 3-month STIBOR. The bonds are expected to be rated BBB by S&P Global Ratings.

The pension fund Íslenski lífeyrissjóðurinn has published information on the sustainability platform of companies and funds the pension fund invests in. The pension fund also published information about GHG emissions from its domestic investment portfolio. This is the first time an Icelandic pension fund releases such detailed information about the sustainability of its investments.

The Icelandic króna depreciated slightly against the currencies of Iceland’s main trading partners in December, apart from the Japanese yen. The Central Bank of Iceland did not intervene in the market in December.