Landsbankinn hf.: Correction: Covered bond offering results
18 April 2024 - 8:30PM
Landsbankinn hf.: Correction: Covered bond offering results
Correction: Total amount issued following tap
issuance corrected.
Today, Landsbankinn concluded a covered bond
auction where one series was offered for sale.
A total of 15 bids for ISK 3,960m were received
in the series LBANK CBI 30 at 3.56%-3.62% yield. Bids in the amount
of ISK 3,580m were accepted in the series at 3.59% yield. Following
the tap issuance, the total amount issued in the series will be ISK
14,640m.
Settlement date will be 24 April 2024.
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. 190/2023. Further
information on the bonds and the cover pool is available on
Landsbankinn‘s website, Landsbankinn's funding -
Landsbankinn.is.