Landsbankinn hf.
Today, Landsbankinn concluded a covered bond auction where three series were offered for sale.
In total, 16 bids were received in the auction for the total amount of ISK 3,600m.
A total of 11 bids for ISK 2,540m were received in the series LBANK CB 23 at 2.63%-2.70% yield. Bids in the amount of ISK 1,700m were accepted in the series at 2.67% yield. Following the tap issuance, the total amount issued in the series will be ISK 43,460m.
A total of 2 bids for ISK 80m were received in the series LBANK CB 25 at 3.16%-3.19% yield. No bids were accepted in the series.
A total of 3 bids for ISK 980m were received in the series LBANK CBI 26 at 0.59%-0.68% yield. All bids were accepted in the series at 0.68% yield. Following the tap issuance, the total amount issued in the series will be ISK 12,080m.
The bonds are scheduled to be admitted to trading on Nasdaq Iceland on 25 January 2021. Arion banki, Islandsbanki and Kvika act as market makers for covered bonds issued by Landsbankinn. Covered bonds issued by Landsbankinn are rated A- with stable outlook by S&P Global Ratings.
The covered bonds are issued in accordance with a license from the Financial Supervisory Authority (FME), with reference to act. no. 11/2008 and FME‘s rules no. 528/2008. Further information on the bonds and the cover pool is available on Landsbankinn‘s website, www.landsbankinn.is/covered-bonds .
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
Netbet Enterprises Limited26.4.2024 11:34:38 CEST | Press release
NetBet Casino joins forces with Habanero
Netbet Enterprises Limited26.4.2024 11:34:38 CEST | Pressemeddelelse
NetBet Casino slår sig sammen med Habanero
Boehringer Ingelheim25.4.2024 09:01:09 CEST | Press release
Less than half of veterinary professionals feel their profession is appreciated
TrueCommerce23.4.2024 19:11:45 CEST | Pressemeddelelse
TrueCommerce leverer globale e-fakturerings- og CTC-løsninger til virksomheder, der har udfordringer med overholdelse
TrueCommerce23.4.2024 12:01:08 CEST | Press release
TrueCommerce Delivers Global E-Invoicing and CTC Solution for Businesses Facing Compliance Challenges
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom