Today Landsbankinn concluded the sale of inflation linked covered bonds, a tap into the the series LBANK CBI 22, listed on Nasdaq Iceland. The tap issuance is for the amount of ISK 3,000m at a yield of 3,30%. Landsbankinn has previously issued ISK 1,760m in the same series and the total amount of the issuance will be ISK 4,760m after this tap issuance.
The bonds are scheduled to be admitted to trading on Nasdaq Iceland on 26 June 2015 with Straumur Investment Bank acting as market maker.
The covered bonds are issued in accordance with a license from the Financial Supervisory Authority (FME), with 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.
Further information:
Kolbrún Guðlaugsdóttir, ir@landsbankinn.is 410 4014 eða 862 3679