Landsbankinn hf. : CP auction results Today Lan
Post# of 301275
Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 170911 and new series, LBANK 171010 and LBANK 180410.
In total, 25 bids were received in the auction for the total amount of ISK 3,680m.
A total of 6 bids for 600m were received in the series LBANK 170911 with bid rates at 5.09%-5.35%. No bids were accepted in the series.
A total of 11 bids for 1,460m were received in the series LBANK 171010 with bid rates at 5.10%-5.35%. Bids for 960m were accepted at a simple rate of 5.20% equal to the price of 97.4247.
A total of 8 bids for 1,620m were received in the series LBANK 180410 with bid rates at 5.34%-5.55%. Bids for 1,100m were accepted at a simple rate of 5.44% equal to the price of 94.7728.
Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 10 April 2017.
Further information on the bills is available on Landsbankinn's website, www.landsbankinn.com/bills .
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