In light of the uncertainty which may be created following the advisory opinion of the EFTA Court on case no. e-25/13 (Gunnar V. Engilbertsson v. Islandsbanki hf.). which will be issued before the opening of markets today, Arion Bank has decided to temporarily relieve market maker MP banki of its contractual obligations with regard to the Bank's covered bonds. This means that the market maker is no longer obliged to submit bids and offers in the trading system of NASDAQ OMX on 28 August.
For further information please contact Haraldur Gudni Eidsson, head of Arion Bank's Corporate Communications, at haraldur.eidsson@arionbanki.is, or tel. +354 856 7108.