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Arion Bank: Change of date - Covered Bond Auction on May 8th 2025

Arion Bank
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With reference to the announcement published on May 5 2025, please note that the auction date has been rescheduled from May 7 2025, to May 8 2025.

Arion Bank will offer ISK-denominated covered bonds in the series ARION CBI 28 on Thursday, May 8th 2025.
ARION CBI 28 is an index-linked covered bond series with a fixed 4.25% interest rate, maturing on September 20th 2028.

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 May 15th 2025. Cash will be accepted as payment.

The auction is managed by Arion Bank Capital Markets. Offers shall be submitted before 16:00 GMT on May 8th 2025 by email to skuldabrefamidlun@arionbanki.is.

For any further information please contact:


Theodór Friðbertsson, Investor Relations at Arion Bank, ir@arionbanki.is, tel. +354 856 6760 or Eirikur Dor Jonsson, Head of Treasury at Arion Bank, eirikur.jonsson@arionbanki.is, tel. +354 856 7171

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Arion Bank: Change of date - Covered Bond Auction on May 8th 2025

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