Landsbankinn hf.: Covered bond offering results
Today, Landsbankinn concluded a covered bond auction where two series were offered for sale.
A total of 6 bids for ISK 1,900m were received in the series LBANK CB 29 at 7.51%-7.56% yield. Bids in the amount of ISK 1,900m were accepted in the series at 7.56% yield. Following the tap issuance, the total amount issued in the series will be ISK 21,460m.
A total of 5 bids for ISK 2,120m were received in the series LBANK CBI 31 at 3.75%-3.76% yield. Bids in the amount of ISK 2,120m were accepted in the series at 3.76% yield. Following the tap issuance, the total amount issued in the series will be ISK 12,960m.
Settlement date will be 19 June 2025.
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.
This announcement is released by Landsbankinn hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (“MAR”).For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Hreiðar Bjarnason, Chief Financial Officer for Landsbankinn hf.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- LITEFAR Launches B1 Electric Beach Wagon on Indiegogo, Bringing Powered Hauling to Soft Sand
- Sanborn Successfully Completes Airborne Geophysical Survey Supporting Geothermal Exploration in Nevada
- Prenetics’ IM8 Reports Q2 2026 Revenue Growth of 288% YoY; Raises FY 2026 IM8 Revenue Guidance to $220–230 Million; July Was the First Month of Positive Consolidated Adjusted Free Cash Flow and Ex
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share