Stock Exchange press releases

Arion Bank hf.: Covered Bond Auction on June 24 2025

Arion Bank will offer ISK-denominated covered bonds in a new series, ARION CBI 31, on Tuesday, June 24 2025.

ARION CBI 31 is an inflation-linked covered bond series with a fixed 3.65% interest rate, maturing on August 20, 2031.

The bonds will be offered in a single-price auction, where all accepted offers will be awarded at the highest accepted yield. Arion Bank reserves the right to accept or reject offers in part or in whole.

The expected settlement date is on June 30, 2025. Cash will be accepted as payment.

The auction is managed by Arion Bank Capital Markets. Offers shall be submitted before 15:00 GMT on Thursday, June 24 2025 by email to skuldabrefamidlun@arionbanki.is.

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