Significant Results from the Local Government Loan Fund Bond Auction

Author: Dylan Bailey Updated: 09-15-2025 12:46 PM

Highlights from the Recent Bond Auction

The Local Government Loan Fund recently conducted a bond auction for its LSS 39 0303 and LSS 151155 series. This event has attracted considerable attention due to the substantial bids and outcomes generated, indicating a strong market response.

Bond Bids and Results

In total, bids were received for the LSS 39 0303 bond, amounting to a face value of ISK 2,250,000,000 with interest rates ranging from 3.98% to 4.07%. The fund accepted bids totaling ISK 1,430,000,000 at a fixed yield of 4.00%. After this auction, the outstanding amount for this series reached ISK 39,862,600,000, including ISK 500,000,000 represented by its own treasury bonds. Consequently, the total nominal value of this bond series now stands at ISK 41,292,600,000.

Results for the LSS 151155 Series

For the LSS 151155 bond, bids were also robust, with a total face value of ISK 520,000,000 submitted at an interest range of 3.80% to 3.82%. From these, ISK 420,000,000 was accepted at a yield of 3.80%. The outstanding amount for this bond series is now ISK 35,685,000,000, supplemented by ISK 440,000,000 due to the Treasury's own treasury bonds, resulting in a total size for this series of ISK 36,105,000,000.

Significance of the Results

This auction reflects strong market confidence in the stability and future prospects of the Local Government Loan Fund. The interest demonstrated by investors not only validates the fund’s financial strategies but also highlights its importance in supporting municipal financing needs across various sectors.

Future Outlook

As the Local Government Loan Fund looks ahead, it remains committed to maintaining transparency and providing reliable financing options for local government initiatives. The strong response at this bond auction sets a positive precedent for future financial ventures and investment opportunities.

Contact Information

For further information, please reach out to Óttar Guðjónsson, the managing director of the Local Government Loan Fund, via email at ottar@lanasjodur.is or by phone at 515 4949.

Frequently Asked Questions

What does the recent bond auction signify for the Local Government Loan Fund?

It indicates strong investor confidence and a positive outlook regarding the fund's financial health and future financing projects.

What were the accepted bids for the LSS 39 0303 bond?

The fund accepted bids totaling ISK 1,430,000,000 at a yield of 4.00%.

What is the total nominal value for the LSS 151155 bond series after the auction?

The total nominal value for the LSS 151155 series now stands at ISK 36,105,000,000.

How can one contact the Local Government Loan Fund for more information?

You can contact Óttar Guðjónsson via email at ottar@lanasjodur.is or call 515 4949.

What are the future plans for the Local Government Loan Fund?

The fund plans to continue providing reliable financing options to support local government projects while ensuring transparency in its operations.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

Contact Dylan Bailey privately here. Or send an email with ATTN: Dylan Bailey as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.