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Monday, 5 March 2018

Landsbankinn hf.: CP auction results

Landsbankinn hf.    

Published: 16:44 CET 05-03-2018 /GlobeNewswire /Source: Landsbankinn hf. / : LBANK CBI 22 /ISIN: IS0000025856

Landsbankinn hf.: CP auction results

Today Landsbankinn hf. concluded a closed auction of three series; LBANK 180810, LBANK 180910 and LBANK 190311.

In total, 21 bids were received in the auction for the total amount of ISK 3,520m.

A total of 4 bids for 700m were received in the series LBANK 180810 with bid rates at 4.24%-4.35%. Bids for 400m were accepted at a simple rate of 4.24% equal to the price of 98.2526.

A total of 12 bids for 2,500m were received in the series LBANK 180910 with bid rates at 4.20%-4.35%. Bids for 2,200m were accepted at a simple rate of 4.34% equal to the price of 97.8530.

A total of 3 bids for 320m were received in the series LBANK 190311 with bid rates at 4.49%-4.60%.  No bids were accepted in the series.

Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 12 March 2018.

Further information on the bills is available on Landsbankinn's website, www.landsbankinn.com/bills.

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Landsbankinn hf., Austurstraeti 11, Reykjavik 155, Iceland
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