Agreements Regarding Market Making


HFF has reached an agreement with Landsbankinn regarding market making with HFF bonds in the secondary market.

  • Market maker has exclusive access to HFF´s Securities Lending Facilities.
  • Market maker in the secondary market for all HFF bonds is obligated to submit a minimum bid at nominal value for each bond series at Nasdaq OMX in Iceland as follows:
Class Nominal Value
HFF150224 35.000.000
HFF150434 25.000.000
HFF150644 20.000.000
  • Market maker is obligated to keep the spread according to the table below.
Class Max. Spread
HFF150224 0.70%
HFF150434 0.95%
HFF150644 1,10%


  • Market Maker is required to renew the offer within ten minutes after it has been accepted. If the market maker´s total transaction in these series during that day equals ISK 300 million at market value, the marker maker is entitled to diverge from the above mentioned spread requirement´s for the remainder of that day.

The agreement is valid to June 30th, 2020.

Attachment


Attachments

Announcement - Markert Making 2019- en