Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 160310 and a new series, LBANK 160510.
Total offers for bills in the auction were for the amount of ISK 3,280m and offers in the series LBANK 160310 for the amount of ISK 1,480m were accepted at a simple rate of 6.40% equal to the price of 97.6732 and in the series LBANK 160510 offers for the amount of ISK 1,800m were accepted at a simple rate of 6.50% equal to the price of 96.5989.
Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 28 October 2015.
Further information on the bills is available on Landsbankinn‘s website, www.landsbankinn.com/bills.