Today, Landsbankinn concluded a covered bond auction where a non-indexed series was offered for sale, LBANK CB 32.

A total of 15 bids for ISK 4,400m were received in the series LBANK CB 32 at 7.65%-7.72% yield. Bids in the amount of ISK 1,100m were accepted in the series at 7.68% yield. Following the tap issuance, the total amount issued in the series will be ISK 17,380m, thereof 16,420m outstanding and 960m retained.