Yesterday Arion Bank completed an offering of 12-, 6- and 5-month commercial papers. Offers totalling ISK 5,460 million were received and offers worth ISK 2.620 million were accepted.
The nominal amount sold in the 5-month series was 1.100 million at 6.45% flat rates.
The nominal amount sold in the 6-month series was 980 million at 6.48% flat rates.
The nominal amount sold in the 12-month series was 540 million at 6.85% flat rates.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland next week.
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 856 7108.