At the end of June, 2004 the Housing Financing Fund commenced issuance of HFF bonds in exchange of previously issued Housing Bonds and Housing Authority Bonds. The HFF has further strengthened the three series initially issued and in November 2004 , a fourth series, HFF14 was added (matured on Sept.14 2014). The HFF have a name convention where the first three letters indicate that it is issued by the Housing Financing Fund. The six digits then identify the day, month and year of maturiy, in that order.
||Maturing February 15th - year 2024
||Maturing April 15th - year 2034
||Maturing June 15th - year 2044
HFF Bonds are re-issued and sold by the Housing Fund to raise funds for mortgage loans and other loan categories. HFF Bonds are annuities; inflation-linked using the Consumer Price Index; and carry a fixed interest of 3.75%, payable semi-annually. For details on each instrument select the Market Overview
page. There you can see price and yield as it is on Nasdaq Iceland, exchange (15 minute delay) and attributes of the series.
HFF Bonds are Government guaranteed. The HFF Bonds do not contain call provision as the Housing Bonds did. The HFF is rated by Standard and Poor's.
To go to the Housing Financing Fund's website, click here.