Term Sheet
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Issuer: |
Arion Bank hf. |
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Org. no: |
581008-0150 |
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Address: |
Borgartun 19, 105 Reykjavik, Iceland |
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Bonds/bills: |
Bonds |
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Symbol (Ticker) |
ARION CBI 21 |
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ISIN code |
IS0000025393 |
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CFI code |
D-B-F-U-F-R |
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Registered at ISD |
Yes |
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Amortization type |
Bullet |
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Country |
Iceland |
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Currency |
ISK |
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Date of admission to trading |
17.12.2014 |
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Order book ID |
105119 |
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Instrument subtype |
Corporate Bonds |
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Market |
OMX ICE CP Fixed Income |
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List population name |
OMX ICE Bank/Savings Bank bonds |
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Denomination in CSD |
20,000,000 |
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Size limit |
€ 1,000,000,000 Covered Bond Programme |
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Total issued amount |
1,240,000,000 |
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Amount admitted to trading at this time |
1,240,000,000 |
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Issue date |
Tuesday, December 16, 2014 |
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First ordinary installment date |
Thursday, December 16, 2021 |
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Total number of installments |
1 |
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Installment frequency |
1 |
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Maturity date |
Thursday, December 16, 2021 |
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Interest rate |
3.5% |
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Floating interest rate |
N/A |
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Premium |
N/A |
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Simple/compound interest |
Simple |
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Day count convention |
30/360 |
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Interest from date |
16.12.2014 |
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First ordinary coupon date |
16.06.2015 |
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Coupon frequency |
2 |
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Total number of coupon payments |
14 |
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Indexed |
Yes |
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Name of index |
Consumer Price Index (CPI) |
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Daily index or monthly index |
Daily |
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Base index value |
422.1 |
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Index base date |
16.12.2014 |
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Dirty price / clean price |
Clean price |
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Call option |
No |
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Put option |
No |
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Convertible |
No |
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Additional information |
Extended final maturity date: 16 December 2024 |
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Market making |
Yes |
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Credit rating (rating agency, date) |
No Credit Rating |
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Securities depository |
Icelandic Securities Depository |
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Coordinator – admission to trading |
Arion Bank hf. |
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If irregular cash flow, then how |
N/A |
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If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? |
No |