In relation to Landsbankinn’s covered bond auction yesterday, was a covered bond exchange offering where holders of the series LBANK CB 23 could sell the covered bonds in the series against covered bonds bought in the auction at a predefined clean price of 99.066.
The covered bond exchange offering results in Landsbankinn buying ISK 440m in the series LBANK CB 23.
Settlement will take place on 28 August 2023.