Kvika Banki sells ISK 5.92 billion covered bond issuance in private placement

Kvika held a closed Dutch auction for covered bonds in KVIKA CB 32, accepting ISK 5.92 billion of bids. Accepted yield set at 7.74%, with annual coupon payments. * Total size of the covered bond class set at ISK 6.42 billion, including ISK 500 million retained for own use. Trading on Nasdaq Iceland targeted for Oct. 20, 2026; market making expected to start before end-2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kvika banki hf. published the original content used to generate this news brief via (Ref. ID: 202610131338OMX_____CNEWS_IS_GNW1001277798_is) on October 13, 2026, and is solely responsible for the information contained therein. (C)