Source - GNW

Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 170310 and a new series, LBANK 170410.

Total offers for bills in the auction were for the amount of ISK 4,640m.

Offers in the series LBANK 170310 for the amount of ISK 720m were accepted at a simple rate of 5.75% equal to the price of 97.5385 and offers in the series LBANK 170410 for the amount of ISK 1,680m were accepted at a simple rate of 5.79% equal to the price of 97.0499.

Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 10 October 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