Liechtenstein's First Mortgage Bonds Successfully Issued by LPBI

The Liechtensteinisches Pfandbriefinstitut (LPBI) has marked a significant achievement by successfully launching the first-ever Liechtenstein mortgage bonds on the capital market. This initial issuance totaled CHF 250 million, creating a new milestone for the financial sector in Liechtenstein.

Founded in January 2026 by LGT and Liechtensteinische Landesbank (LLB), the LPBI aims to close a crucial gap in the capital market, offering Liechtenstein's banks an additional refinancing source. The bonds, with maturities of 5 and 10 years, will be available for trading on the SIX Swiss Exchange starting 22 April 2026.

These bonds, rated Aaa by Moody’s, underscore their quality and stable credit foundation, supported by the strong standing of LGT and LLB. The initiative represents a strategic advancement for the country's refinancing capabilities, enabling a stable investment environment.