Landsbankinn hf.: Landsbankinn concludes market-making agreements for covered bonds

Group 1 - Landsbankinn hf. has entered into market-making agreements with Arion bank hf., Islandsbanki hf., and Kvika bank hf. for covered bonds, effective from October 6, 2025 [1] - Market makers will place bid and ask orders for covered bonds before market opening each business day, with minimum order sizes based on the size of each series [2] - The minimum nominal amount of orders for inflation-linked series LBANK CBI 26 and LBANK CBI 28 is set at ISK 40 million [2] Group 2 - Market makers are released from obligations once their trading volume reaches ISK 500 million for all series of covered bonds on a given trading day [3] - The maximum spread between bid and ask orders is determined by the time to maturity, with specific percentages outlined for different maturity ranges [3] - Inflation-linked series with less than two years to maturity are exempt from maximum spread obligations [3] Group 3 - Landsbankinn will offer bond lending facilities to market makers, allowing each to borrow up to ISK 320 million in each series [4]