Landsbankinn hf.: CP auction results

Today Landsbankinn hf. concluded a closed auction of three series; LBANK 181112, LBANK 181210 and LBANK 190611.

In total, 11 bids were received in the auction for the total amount of ISK 1,240m.

A total of 3 bids for 300m were received in the series LBANK 181112 with bid rates at 4.28%-4.35%. No bids were accepted in the series.

A total of 7 bids for 840m were received in the series LBANK 181210 with bid rates at 4.28%-4.35%. No bids were accepted in the series.

One bid for 100m was received in the series LBANK 190611 with a bid rate at 4.55%.  That bid was not accepted.

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