On Friday Arion Bank completed an offering of 6-month bills. Offers totalling ISK 480 million were received and all offers were accepted at 5.80% flat rates. It is intended to admit this series to trading on Nasdaq Iceland before the end of November.
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 856 7108.