Today Arion Bank completed an offering of 12-, 6- and 5-month commercial papers. Offers totaling ISK 5,980 million were received and offers worth ISK 2,920 million were accepted.
The nominal amount sold in the 5-month series was 580 m at 6.36% flat rates.
The nominal amount sold in the 6-month series was 1.560 m at 6.43% flat rates.
The nominal amount sold in the 12-month series was 780 m at 6.80% flat rates.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland at the end of the week.
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.