Correction: Price, amount and settlement date corrected.
In relation to Landsbankinn’s covered bond auction yesterday, was a covered bond exchange offering where holders of the series LBANK CB 25 could sell the covered bonds in the series against covered bonds bought in the auction at a predefined clean price of 98.520.
The covered bond exchange offering results in Landsbankinn buying ISK 2,340m in the series LBANK CB 25.
Settlement will take place on 20 May 2025.
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