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Manila Times Business

Landsbankinn hf.: Covered bond offering results

Today, Landsbankinn concluded a covered bond auction where a non-indexed series was offered for sale, LBANK CB 32. A total of 13 bids for ISK 3,220m were received in the series LBANK CB 32 at 7.60%-7.67% yield. Bids in the amount of ISK 2,620m were accepted in the series at 7.63% yield. Following the tap issuance, the total amount issued in the series will be ISK 7,940m, thereof 6,980m outstanding and 960m retained. Expected settlement date is 8 July 2026. Arion banki, Islandsbanki and Kvika act

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Source: manilatimes.net

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