Yesterday Arion Bank hf. concluded the sale of two covered bonds listed on Nasdaq OMX Iceland.
The inflation-linked issue ARION CBI 21 was tapped for an amount of ISK 340,000,000 at a yield of 3.06% and the fixed rate issue ARION CBI 29 was tapped for an amount of ISK 2,980,000,000 at a yield of 6.68%. Total amount of orders for the tap issue amounted to ISK 6,420,000,000
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 bond is on 3 February
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.