Today Landsbankinn hf. concluded a closed auction of an existing series, LBANK 170110 and a new series, LBANK 170210.
Total offers for bills in the auction were for the amount of ISK 4,340m.
Offers in the series LBANK 170110 for the amount of ISK 880m were accepted at a simple rate of 6.49% equal to the price of 97.3158 and offers in the series LBANK 170210 for the amount of ISK 920m were accepted at a simple rate of 6.50% equal to the price of 96.7846.
Application has been made for the bills to be admitted to trading on Nasdaq Iceland on 10 August 2016.
Further information on the bills is available on Landsbankinn's website, www.landsbankinn.com/bills .