Today Landsbankinn hf. concluded the sale of covered bonds, a tap into the series LBANK CB 17. The tap issuance is for the amount of ISK 1,200m at a nominal yield of 6.30%. Landsbankinn has previously issued ISK 200m in the same series and the total amount of the issuance will be ISK 1,400m after this tap issuance.
The bonds are scheduled to be admitted to trading on Nasdaq Iceland no later than on 15 December 2014.
The covered bonds are issued in accordance with a licence from the Financial Supervisory Authority (FME), with the reference to Act no. 11/2008 and Rules no. 528/2008. Further information on the bonds and the cover pool is available on Landsbankinn‘s website, www.landsbankinn.is/covered-bonds.
For further information:
Kolbrún Gudlaugsdóttir, Investor Relations, ir@landsbankinn.is and tel.: +354 410 4014
Kristján Kristjánsson, Public Relations, pr@landsbankinn.is and tel.: +354 410 4011