05.05.2026

Ari­on Bank hf.: Co­v­ered Bond Of­fer­ing Results

Today Arion Bank has concluded a sale of Covered Bonds in the series ARION CBI 31 for a total of ISK 2,600 m.

In the series ARION CBI 31 a total of 14 bids for ISK 3,500m were received at a yield in the range of 3.31 – 3.36%. Bids in the amount of ISK 2,600m were accepted at a 3.33% yield. The total size of the series following the issuance will be ISK 24,120m.

The bonds are scheduled to be admitted to trading on Nasdaq Iceland on 12th May 2026.

The bonds will be issued under Arion Bank‘s covered bond programme. The Base Prospectus is available here.

The offering is managed by Arion Bank Capital Markets.

Share article:

facebookxmaillinkedin

More announcements

All announcements
22 May 2026

Arion Bank: Launch of share buy-back program

Today, the Financial Supervisory Authority of the Central Bank of Iceland granted Arion Bank authorization to buy back up to ISK 5.0 billion of its own shares in Iceland and Sweden, and to reduce its share capital. Consequently, the Bank's management has decided to initiate buy-backs of up to ISK 5.0 billion, or up to 26,600,000 shares and SDRs, representing approximately 1.93% of the Bank’s share capital.
Read more
07 May 2026

Arion Bank issues green EUR 300 million senior preferred notes

Today, Arion bank issued a green EUR 300 million senior preferred notes. The notes have a 3.5 year maturity and pay a coupon of 3.625% which corresponds to a spread of 88 bps over mid-swaps.
Read more
06 May 2026

Arion Bank – Q1 2026 results

Arion Bank’s return on equity was 13.9% in the first quarter of 2026. Investor meeting and webcast in English on 7 May at 10:30 CET (8:30 GMT)
Read more