Arion banki hf.
Arion Bank hf. covered bond tap issue

Arion banki hf. 

27.03.2015 15:02

Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group
AG.
The issuer is solely responsible for the content of this announcement.

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Today Arion Bank hf. concluded the sale of two inflation-linked covered bonds
listed on the Nasdaq Iceland. 

The inflation linked issue ARION CBI 21 was tapped for an amount of ISK
1,180,000,000 at a yield of 3.25% and the inflation linked issue ARION CBI 29
was tapped for an amount of ISK 2,020,000,000 at a yield of 3.30%. Total amount
of orders for the tap issue amounted to ISK 4.34 bn. 

Bond series are indexed to the CPI and have been admitted to trading on Nasdaq
Iceland. According to Arion Bank's issuance schedule the next inflation linked
auction is in June. 



For further information please contact Haraldur Gudni Eidsson of Arion Bank's
communications division at haraldur.eidsson@arionbanki.is, or tel: +354 444
7108
News Source: NASDAQ OMX



27.03.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Arion banki hf.
              
               
              Iceland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         IS0000021186
WKN:          
 
End of Announcement                             DGAP News-Service
 
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