Covered bonds issued by Arion Bank admitted to trading on Nasdaq OMX Iceland

Arion Bank’s covered bond series, Arion CBI 34, was today, 22 February 2012, admitted to trading on the bond market of Nasdaq OMX Iceland. The series has a nominal value of ISK 2,500,000,000. The series and the covered bond programme under which it is issued have been listed on the Luxembourg Stock Exchange.

As the Bank reported earlier in the week, Arion Bank completed its first bond offering last Friday and it was massively oversubscribed.