press center press release

NASDAQ OMX Iceland lists Islandsbanki‘s covered bonds

Published

Reykjavik, 7 December, 2011 – NASDAQ OMX (NASDAQ: NDAQ) announces that NASDAQ OMX Iceland has approved an application to admit covered bonds issued by Islandsbanki hf. (issuer symbol: ISLA) to trading. The first day of trading will be 7 December, 2011. This is the first listing of a bond issued by an Icelandic financial company since the collapse in Iceland in 2008.

Pall Hardarson, President of NASDAQ OMX Iceland: “We are pleased to list Islandsbanki's bonds. This issuance is a step forward for the financial system and in the rebuilding of the Icelandic securities market. We expect this to encourage other companies to make greater use of the bond market."

Birna Einarsdóttir, CEO of Islandsbanki: „We are thrilled to have reached this milestone which can be seen as an important part of resurrecting the domestic financial and capital markets. We were determined to issue the covered bonds in Iceland in order to be able to offer a new investment opportunity to domestic investors. The issue represents an important step in strengthening the Icelandic financial market and will contribute to its development.”

 For more information on the bonds issuance, please see the final terms on www.nasdaqomxnordic.com (company news).

Islandsbanki investor relations:

Sigrun Hjartardottir

sigrun.hjartardottir@islandsbanki.is

+354 844 4748

  

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,500 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries.  NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/nasdaqomx) and Twitter (http://www.twitter.com/nasdaqomx).

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The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ OMX's products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

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