Arion bank – Covered Bonds (ARION CBI 21) admitted to

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News Desk 2018
Arion bank – Covered Bonds (ARION CBI 21) admitted to trading on 17 December 2014
Term Sheet  
Issuer: Arion Bank hf.
Org. no: 581008-0150
Address: Borgartun 19, 105 Reykjavik, Iceland
 
Bonds/bills: Bonds
Symbol (Ticker) ARION CBI 21
ISIN code IS0000025393
CFI code D-B-F-U-F-R
Registered at ISD Yes
Amortization type Bullet
Country Iceland
Currency ISK
Date of admission to trading 17.12.2014
Order book ID 105119
Instrument subtype Corporate Bonds
Market OMX ICE CP Fixed Income
List population name OMX ICE Bank/Savings Bank bonds
Denomination in CSD 20,000,000
Size limit € 1,000,000,000 Covered Bond Programme
Total issued amount 1,240,000,000
Amount admitted to trading at this time 1,240,000,000
Issue date Tuesday, December 16, 2014
First ordinary installment date Thursday, December 16, 2021
Total number of installments 1
Installment frequency 1
Maturity date Thursday, December 16, 2021
Interest rate 3.5%
Floating interest rate N/A
Premium N/A
Simple/compound interest Simple
Day count convention 30/360
Interest from date 16.12.2014
First ordinary coupon date 16.06.2015
Coupon frequency 2
Total number of coupon payments 14
Indexed Yes
Name of index Consumer Price Index (CPI)
Daily index or monthly index Daily
Base index value 422.1
Index base date 16.12.2014
Dirty price / clean price Clean price
Call option No
Put option No
Convertible No
Additional information Extended final maturity date: 16 December 2024
Market making Yes
Credit rating (rating agency, date) No Credit Rating
Securities depository Icelandic Securities Depository
Coordinator – admission to trading Arion Bank hf.
If irregular cash flow, then how N/A
If payment date is a bank holiday, does payment include accrued interest for days missing until next business day? No
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