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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) just unveiled an announcement.
Arion Bank has tapped the Icelandic covered bond market again, completing an issuance in its ARION CBI 31 series for ISK 2,940 million at a yield of 3.30%. Investor demand was solid, with 13 bids totaling ISK 3,240 million, bringing the total outstanding size of the ARION CBI 31 series to ISK 21,520 million.
The bonds are expected to be admitted to trading on Nasdaq Iceland on 15 April 2026, further deepening the bank’s presence in the local capital market. The transaction, managed by Arion Bank’s own Markets division under its covered bond issuance programme, supports the bank’s long-term funding strategy and enhances liquidity in its covered bond curve for investors.
More about Arion Banki hf Shs Swedish DR
Arion Bank hf. is an Icelandic financial institution headquartered in Reykjavik, operating as a commercial bank that provides a range of banking and financial services. The bank serves retail and corporate clients in the Icelandic market, with active participation in domestic capital markets, including the issuance and management of covered bonds.
Average Trading Volume: 54,361
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.03B
For an in-depth examination of ARION stock, go to TipRanks’ Overview page.