Arion Bank will be offering the ISK denominated covered bonds series ARION CB 22, ARION CBI 25 and ARION CBI 48 on 5 December 2018.
Investors can choose to settle the covered bonds with cash or with the securities in the list below. The price of the securities will be determined by the mid yield at the close of the market on day of the offering.
| ISIN | Security |
| XS0195066146 | HFF150224 |
| XS0195066575 | HFF150434 |
| XS0195066658 | HFF150644 |
| IS0000024453 | RIKB 20 0205 |
| IS0000020717 | RIKB 22 1026 |
| IS0000019321 | RIKB 25 0612 |
| IS0000028249 | RIKB 28 1115 |
| IS0000020386 | RIKB 31 0124 |
| IS0000020014 | RIKS 21 0414 |
| IS0000020576 | RIKS 30 0701 |
| IS0000030732 | RIKS 26 0216 |
According to Arion Bank‘s issuance schedule the Bank intends to offer ISK denominated covered bonds on the first Wednesday of every month throughout the year. See the Bank‘s website for the issuance schedule: https://www.arionbanki.is/english/about-us/investor-relations/debt-investors/#issuance-sched
For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 444 7108.