SWX:LLBNBanks
A Look At Liechtensteinische Landesbank (SWX:LLBN) Valuation After New Covered Bond Platform With LGT
Lichtensteinische Landesbank (SWX:LLBN) and LGT have created the Liechtensteinisches Pfandbriefinstitut, giving the country a shared platform to issue covered bonds backed by first lien mortgages on local real estate.
See our latest analysis for Liechtensteinische Landesbank.
LLB’s recent role in setting up the Pfandbriefinstitut comes as momentum in the shares has been strong, with a 12.65% 1 month share price return and a 31.98% 1 year total shareholder return. This suggests investors are...