Yesterday Arion Bank hf. concluded the sale of three covered bonds listed on Nasdaq OMX Iceland.
The inflation-linked issue ARION CBI 21 was tapped for an amount of ISK 1,000m at a yield of 3.30%.
The inflation-linked issue ARION CBI 29 was tapped for an amount of ISK 1,520m at a yield of 3.21%.
The fixed rate issue ARION CB 22 was tapped for an amount of ISK 3,280m at a yield of 6.76%.
The total amount of orders for the tap issue amounted to ISK 8,040m
The issued bonds were tap issues of existing covered bond series that have been admitted to trading on Nasdaq OMX Iceland. According to Arion Bank’s issuance schedule the next auction of covered bonds is on 2 March.
In 2016 Arion Bank has issued a total of ISK 9,120m of covered bonds. In total Arion Bank has issued ISK 46,280m of covered bonds.
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.