Cookies

By clicking "Allow All", you agree to the use of cookies to enhance website functionality, analyse website usage and assist with marketing.

More on cookies

Lands­bankinn is­sues seni­or non-pre­ferred bonds in SEK and NOK

Landsbankinn has concluded the sale of floating-rate bonds in the amount of SEK 1,000 million and NOK 250 million. The bonds have a 4-year tenor and an issuer call option after 3 years.
Austurbakki
10 September 2024

Senior non-preferred bonds rank below traditional unsecured bonds yet take precedence over subordinated bonds. The bonds were priced at a spread of 180bps over 3-month STIBOR and 183bps over 3-month NIBOR. The issuance is the first of its type by an Icelandic bank and is expected to achieve a BBB rating from S&P.

Demand for the bonds was more than twofold from over twenty Nordic investors. DNB and Nordea managed the issuance.

You may also be interested in
12 Feb. 2026
Annual Report of Landsbankinn 2025 
Landsbankinn’s Annual Report for 2025 has now appeared. The Annual Report reviews key aspects of operation, service innovations for families, individuals and companies, the continuous development of digital solutions and more. 
Austurbakki
11 Feb. 2026
Landsbankinn issues AT1 securities in Icelandic króna
Today, Landsbankinn concluded an auction of Additional Tier 1 (AT1) securities.
Austurbakki
29 Jan. 2026
2025 financial results of Landsbankinn
Landsbankinn's profit in 2025 was ISK 38.0 billion after taxes, as compared with ISK 37.5 billion the previous year.
Austurbakki
27 Oct. 2025
Landsbankinn issues green bonds for EUR 300 million
Today, Landsbankinn concluded the sale of new 7-year green bonds in the amount of EUR 300 million. The bonds bear a 3.625% fixed rate and were sold at terms equivalent to a 122 basis point spread above mid-swap market rates.
Austurbakki
23 Oct. 2025
Financial results of Landsbankinn for the first nine months of 2025
Landsbankinn’s after-tax profit in the first nine months of 2025 amounted to ISK 29.5 billion, ISK 11.1 billion thereof in the third quarter. Return on equity (ROE) was 12.2%, compared with 11.7% for the same period the previous year. The net interest margin as a ratio of average total asset position was 2.9%.
17 July 2025
Landsbankinn's results for the first half of 2025
Landsbankinn’s profit in the first half of 2025 amounted to ISK 18.3 billion after tax, ISK 10.4 billion thereof in the second quarter. Annualised ROE was 11.5% as compared with 10.5% for the same period the previous year. 
Austurbakki
16 June 2025
Landsbankinn issues EUR 300 million green bond
Today, Landsbankinn concluded the sale of a new 5-year green bond in the amount of EUR 300 million. The bonds bear a 3.50% fixed rate and were sold at terms equivalent to a 135 basis points spread above mid-swap market rates.
Austurbakki
30 April 2025
Financial results of Landsbankinn for the first three months of 2025
Landsbankinn’s after-tax profit during the first three months of 2025 was ISK 7.9 billion, compared with ISK 7.2 billion for the same period of 2024. Return on equity (ROE) in the period was 10.0%, compared with 9.3% for the same period the previous year.
Austurbakki
19 March 2025
Results of the 2025 AGM of Landsbankinn
The annual general meeting (AGM) of Landsbankinn, held on 19 March 2025, agreed to pay a dividend amounting to ISK 18,892 million to shareholders.
Austurbakki
5 March 2025
Annual General Meeting of Landsbankinn 2025
Landsbankinn´s Annual General Meeting  will be held on Wednesday, 19 March 2025, at 16:00, at Reykjastræti 6, Reykjavík.