Althingi Iceland

Iceland buys back its own debt

Republic of Iceland has bought back its own debt in the nominal series RIKH 18 1009, the buyback is part of icelands debt and liquidity management strategy Total outstanding nominal amount of the issue following the buyback is 182.9 bn. Icelandic Kronur.

Originally, the bonds were issued for recapitalisation of financial institutions. Maturity of the series is in October 2018.

For more information Ministry of Finance and Economic Affairs