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Landsbankinn hf.: Offering of covered bonds

Landsbankinn will offer covered bonds for sale via auction held on Monday 18 January at 15:00. Please note that the timing of the auction is a change from the bank’s funding plan which assumed a covered bond auction in week 2. Two non-inflation-linked series, LBANK CB 23 and LBANK CB 25 and one inflation-linked series, LBANK CBI 26, will be offered for sale.

Covered bonds issued by Landsbankinn are rated A- with stable outlook by S&P Global Ratings.

Expected settlement date is 25 January 2021.

Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is .

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