Hafnarfjörður's 2025 Funding Plan: Key Dates & Implications
Hafnarfjörður's Financial Outlook for 2025
The municipal council of Hafnarfjörður has approved the financial plan for 2025, alongside the budget for 2026-2028. This decision, made during a recent meeting, reflects a progressive approach to finance management aimed at bolstering the local economy.
Planned Borrowing for the Year 2025
In 2025, Hafnarfjörður anticipates borrowing up to 6.064 million kr. This funding will be key for various municipal projects and services, ensuring the continued development of the area.
Bond Issuance Schedule
The bond issuance for Hafnarfjörður is set for specific dates throughout the year, designed to enhance market predictability. The planned dates for these issuances are as follows:
Upcoming Bond Issuances
- May 14
- September 17
- November 12
Flexibility in Bond Issuance Plans
While the bond issuance plan aims to provide clarity to the market, Hafnarfjörður reserves the right to adjust its strategies as market conditions evolve. This includes the possibility of altering planned issuance dates or cancelling specific offerings if necessary.
Notification of Bond Offerings
Details regarding individual bond offerings will be announced through the NASDAQ OMX Iceland news system at least one day prior to the scheduled issue dates. This measure ensures transparency and timely information availability for stakeholders.
Contact Information for Further Inquiries
The bond offerings for Hafnarfjörður will be managed by the Market Operations department of Arion Bank. For additional information, interested parties may contact:
Helga Benediktsdóttir
Head of Finance Department
Email: helga@hafnarfjordur.is
Frequently Asked Questions
What is Hafnarfjörður's 2025 financial plan?
The financial plan includes approved budgets and scheduled bond issuances to support municipal growth and services.
When are the bond issuances scheduled?
The bond issuances are set for May 14, September 17, and November 12, 2025.
Who manages the bond offerings?
The bond offerings are managed by the Market Operations team at Arion Bank.
What is the total borrowing amount for 2025?
Hafnarfjörður plans to borrow up to 6.064 million kr. for the year.
How will notifications about bond offerings be provided?
Notifications about individual bond offerings will be announced at least one day in advance through the NASDAQ OMX Iceland news channel.
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