Landsbankinn hf.: Covered bond offering results

 Correction: Total amount issued following tap issuance in series LBANK CB 27 and LBANK CB 29 corrected.Today, Landsbankinn concluded a covered bond auction where three series were offered for sale.A total of 8 bids for ISK 3,220m were received in the series LBANK CB 27 at 7.85%-7.91% yield. Bids in the amount of ISK 3,220m were accepted in the series at 7.91% yield. Following the tap issuance, the total amount issued in the series will be ISK 66,760m.A total of 12 bids for ISK 4,220m...

Reykjavik, 10/09/2025 (informazione.news - comunicati stampa - servizi)

 Correction: Total amount issued following tap issuance in series LBANK CB 27 and LBANK CB 29 corrected.

Today, Landsbankinn concluded a covered bond auction where three series were offered for sale.

A total of 8 bids for ISK 3,220m were received in the series LBANK CB 27 at 7.85%-7.91% yield. Bids in the amount of ISK 3,220m were accepted in the series at 7.91% yield. Following the tap issuance, the total amount issued in the series will be ISK 66,760m.

A total of 12 bids for ISK 4,220m were received in the series LBANK CB 29 at 7.65%-7.74% yield. Bids in the amount of ISK 3,680m were accepted in the series at 7.69% yield. Following the tap issuance, the total amount issued in the series will be ISK 43,840m.

A total of 9 bids for ISK 3,560m were received in the series LBANK CBI 31 at 3.90%-3.95% yield. Bids in the amount of ISK 2,160m were accepted in the series at 3.93% yield. Following the tap issuance, the total amount issued in the series will be ISK 17,880m.

Expected settlement date is 17 September 2025.

Arion banki, Islandsbanki and Kvika act as market makers for covered bonds issued by Landsbankinn. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings.

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. 190/2023. Further information on the bonds and the cover pool is available on Landsbankinn‘s website, Landsbankinn's funding - Landsbankinn.is.