Today Landsbankinn concluded the sale of inflation linked covered bonds, a tap into the series LBANK CBI 22, listed on Nasdaq Iceland. The tap issuance is for the amount of ISK 1,100m at a yield of 2,90%. Landsbankinn has previously issued ISK 4,760m in the same series and the total amount of the issuance will be ISK 5,860m after this tap issuance.
The bonds are scheduled to be admitted to trading on Nasdaq Iceland on 8 September 2015 with MP Straumur 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 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.
Further information:
Hanna Kristín Thoroddsen, Investor Relations, ir@landsbankinn.is, tel: +354 410 7328