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Market Impact: 0.12
Landsbankinn hf.: Covered bond exchange offering results
Source: GlobeNewswire
Credit & Bond MarketsBanking & Liquidity
Landsbankinn conducted a covered-bond exchange offer alongside its auction, allowing holders of LBANK CBI 26 to sell existing bonds in exchange for bonds purchased in the auction. The predefined clean exchange price was 99.735. The announcement is a routine funding and debt-management update with limited expected market impact.
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