Manila Times Business
Landsbankinn hf.: Covered bond offering results
Today, Landsbankinn concluded a covered bond auction where a new non-indexed series was offered for sale. A total of 15 bids for ISK 5,160m were received in the series LBANK CB 32 at 7.49%-7.70% yield. Bids in the amount of ISK 4,320m were accepted in the series at 7.65% yield. In addition, the series will be tapped for ISK 960m for bond lending purposes in relation to market-making. Following the issuance, the total amount issued in the series will be ISK 5,280m, thereof 4,320m outstanding and
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Source: manilatimes.net
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