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ANNUAL REPORT 2020 - Luminor

previously been used, while retaining the credit line as a stand -by facility. In March, Luminor issued the first covered bond from the Baltic region, for 500 million EUR, which matures in 2025. In December, Luminor sold a 300 million EUR, four-year bond issue and repurchased 250.7 million EUR of an existing bond that matures in 2021.

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