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In relation to Landsbankinn’s covered bond auction yesterday, was a covered bond exchange offering where holders of the series LBANK CBI 24 could sell the covered bonds in the series against covered bonds bought in the auction at a predefined clean price of 99.860.
The covered bond exchange offering results in Landsbankinn buying ISK 1,780m in the series LBANK CBI 24.
Settlement will take place on 26 September 2024.