Bonds issued by Framtak
fjarfestingarbanki (Investment bank), symbol FBANK, Class 1 2003 (FBANK 03 1), will be
listed next Tuesday,
October 21, 2003.
The total nominal value of the issued bonds is ISK 700 million. Issue date is 5 May 2003, maturity
date May 10,
2009. The bonds will be repaid with 3
equal annual payments every 12 months, starting 10 May, 2007, The rate of
interest, applied to the principal amount outstanding, is 6.35% per annum.
Interest is calculated from and including May 5, 2003 payable annually on May
10 each year, starting May 10, 2004 and ending May 10, 2009. The bonds are
linked to the Icelandic Consumer Price Index (CPI). The base index value is
227.0, which is the CPI published in April 2003 and applicable to May 2003. The bonds are issued in a denomination of ISK
Symbol: FBANK 03 1. ISIN-code: IS0000007912. Orderbook
responsible for listing: Landsbanki