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 97.791.
The covered bond exchange offering results in Landsbankinn buying ISK 1,060m in the series LBANK CB 25.
Settlement will take place on 24 March 2025.
