Today Arion Bank completed an offering of 6- and 5-month commercial papers. In total, 10 bids were received for the total amount of ISK 2,160 million and offers worth ISK 2,060 million were accepted.
The 5-month series attracted 1 bids totaling ISK 200 million at a flat rate of 4.85%. All bids were accepted.
The 6-month series attracted 9 bids totaling ISK 1,960 million in total at a flat rate of 4.80% - 4.90% Bids amounting to ISK 1,860 million at 4.85% flat rates were accepted.
The commercial papers are scheduled to be admitted to trading on Nasdaq Iceland 20 December.
For further information please contact Investor relations, at ir@arionbanki.is