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Landsbankinn has published its schedule for market funding for the year 2019

Landsbankinn has published its schedule for market funding for the year 2019.

Covered bond auctions are scheduled to be held once a month and will be announced via the NASDAQ Iceland news system two business days preceding the proposed auction. The bank intends to issue covered bonds in the amount of ISK 35-40bn in 2019. The schedule assumes that the nominal value of outstanding covered bonds will be ISK 123-128bn by year-end but one covered bond series matures during the year, LBANK CB 19.

Auctions of commercial paper (CP) are not scheduled on a regular basis but decided upon favourable market conditions. Total issuance of CP will depend on market conditions.

Landsbankinn reserves the right to make changes to the funding plan for 2019 at its own discretion without prior notice.

Further information on the funding plan


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