Reykjavik Energy - Green Bond Auction Results

Today, September 24th, 2026, Reykjavík Energy (Orkuveita Reykjavíkur; OR) concluded a green bond auction in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB. Total bids amounted to ISK 5,665 million nominal value. OR031033 GB bears 8.30% fixed nominal interest and pays equal installments every six months with a final maturity date of October 3rd, 2033. Previously, bonds with a nominal value of ISK 14,080 million have been issued in the class and admitted to trading on Nasdaq Iceland. The series attracted bids totaling ISK 3,305 million nominal value at yields between 8.55-8.80%. OR accepted bids amounting to ISK 2.645 million at a yield of 8.70%. OR0280845 GB bears fixed indexed interest and pays equal payments every six months with a final maturity date of August 28th, 2045. The bond carries 3.70% fixed interest and is redeemable in the year 2037. Previously, bonds with a nominal value of ISK 9,150 million have been issued in the class and admitted to trading on Nasdaq Iceland.