Source - GNW

Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 170210 and a new series, LBANK 170310.

Total offers for bills in the auction were for the amount of ISK 4,840m.

Offers in the series LBANK 170210 for the amount of ISK 100m were accepted at a simple rate of 5.84% equal to the price of 97.6090 and offers in the series LBANK 170310 for the amount of ISK 320m were accepted at a simple rate of 5.84% equal to the price of 97.1782.

Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 12 September 2016.

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




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Source: Landsbankinn hf. via Globenewswire