News and notifications

- News and Notifications

Landsbankinn issues senior unsecured bonds for NOK 1,000m and SEK 500m

On the back of solid financial results for 2018, Landsbankinn hf. has today concluded the sale of senior unsecured floating rate bonds with a maturity of three years in the amount of NOK 1,000m and SEK 500m. The bonds are expected to be rated BBB+ by S&P Global Ratings.

The bonds were priced at a spread of 175 basis points above 3 month STIBOR and 3 month NIBOR. The combined orderbook was in excess of NOK 1.8bn.

The bonds will be issued under the bank’s EMTN programme and are scheduled to be admitted to trading on Euronext Dublin on 21 February 2019.

Joint lead managers on the transaction were Nordea and Swedbank.

 

 

News and Notifications - 10 December 2019 10:40 AM

Landsbankinn commits to the FX Global Code

Landsbankinn has signed a Statement of Commitment to the FX Global Code, a set of principles of good practice for foreign exchange. The Code is intended to foster trust, fairness and appropriate transparency in the FX market.


More

Weekly bulletin - 09 December 2019 10:08 AM

Icelandic Economic Weekly: Monday 9 December 2019

The CBI published the balance of payments and net external position for Q3. The ISK appreciated somewhat in November.


More

Economic Forecast - 06 December 2019 01:37 PM

Overview of the Icelandic FX market

The ISK appreciated somewhat in November. At the end of the month, the euro stood at ISK 133.6, compared with 138.0 at the end of October. Turnover in the interbank foreign exchange market increased slightly MoM in November.


More