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Landsbankinn's Funding Plan for 2018

Landsbankinn has published its schedule for market funding for the year 2018.

Covered bond auctions are scheduled to be held once a month and will be announced via the NASDAQ Iceland news system no later than the last business day preceding the intended auction. The Bank intends to issue covered bonds in the amount of ISK 35-40bn in 2018. The schedule assumes that the nominal value of outstanding covered bonds will be ISK 108-113bn by year-end.

Auctions of commercial paper (CP) are scheduled to be held once a month. New series will be offered for sale in addition to existing series. Total issuance of CP will depend on market conditions.

Landsbankinn reserves the right to make changes to the funding plan for 2018 at its own discretion and without prior notice.

Further information on the funding plan

 

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