Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 160610 and a new series, LBANK 160711.
Total offers for bills in the auction were for the amount of ISK 3,000m and offers in the series LBANK 160610 for the amount of ISK 1,140m were accepted at a simple rate of 6.53% equal to the price of 97.5925 and offers in the series LBANK 160711 for the amount of ISK 1,160 were accepted at a simple rate of 6.55% equal to the price of 97.0511.
Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 26 January 2016.
Further information on the bills is available on Landsbankinn‘s website, www.landsbankinn.com/bills