tiprankstipranks
Advertisement
Advertisement

Arion Bank Expands ARION CBI 31 Covered Bond Series With ISK 1.56 Billion Issue

Story Highlights
Arion Bank Expands ARION CBI 31 Covered Bond Series With ISK 1.56 Billion Issue

Meet Samuel – Your Personal Investing Prophet

Arion Banki hf Shs Swedish DR ( (SE:ARION) ) just unveiled an announcement.

Arion Bank has strengthened its funding position by issuing ISK 1,560 million in new covered bonds in its ARION CBI 31 series at a yield of 3.17%, following investor bids totaling ISK 1,860 million. The transaction increases the total size of the series to ISK 14,300 million, with ISK 960 million reserved for the bank’s own use, and the bonds are expected to commence trading on Nasdaq Iceland on 11 February 2026 under the bank’s covered bond programme, reinforcing its presence in the domestic bond market and supporting ongoing balance sheet management.

More about Arion Banki hf Shs Swedish DR

Arion Bank is an Icelandic financial institution operating as a commercial bank, offering a range of banking and capital markets services, including funding through covered bond issuance to support its lending and treasury operations.

Average Trading Volume: 48,654

Technical Sentiment Signal: Buy

Current Market Cap: SEK20.43B

Find detailed analytics on ARION stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1