Landsbankinn hf. is holding an auction to sell covered bonds with settlement expected on May 20, 2025.

From GlobeNewswire: 2025-05-12 04:17:00

Landsbankinn will hold an auction on May 13 at 15:00 to sell two series of covered bonds: LBANK CB 29 and LBANK CBI 31. Holders of LBANK CB 25 can participate in a covered bond exchange offering. The clean price of the bonds is set at 98.520, with settlement expected on May 20, 2025. The bonds will be issued under the bank’s covered bond programme and are rated A+ with a stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For more information, contact [email protected] or call +354 410 7330.



Read more at GlobeNewswire: Landsbankinn hf.: Offering of covered bonds