Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 160510 and a new series, LBANK 160610.
Total offers for bills in the auction were for the amount of ISK 2,140m and bids in the series LBANK 160510 for the amount of ISK 660m were accepted at a simple rate of 6.50% equal to the price of 97.2263 and in the series LBANK 160610 bids for the amount of ISK 500m were accepted at a simple rate of 6.55% equal to the price of 96.6756.
Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 4 December 2015.
Further information on the bills is available on Landsbankinn‘s website, www.landsbankinn.com/bills.