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Arion Banki hf Shs Swedish DR ( (SE:ARION) ) has provided an update.
Arion Bank hf. has announced an auction of ISK-denominated, inflation-linked covered bonds in the ARION CBI 31 series, bearing a fixed 3.65% interest rate and maturing on 20 August 2031. The bonds will be sold via a single-price auction on 7 January 2026, with the bank retaining discretion to accept or reject offers in whole or in part, and settlement expected on 14 January 2026. In parallel, the bank is launching an exchange offering allowing holders of the ARION CBI 26 covered bond to swap into the new ARION CBI 31 issue at a set clean price of 99.6393, with both cash and exchange proceeds accepted as payment, underscoring Arion Bank’s active management of its covered bond funding profile and investor base.
More about Arion Banki hf Shs Swedish DR
Arion Bank hf. is an Icelandic financial institution headquartered in Reykjavik, operating in the banking and capital markets industry. The bank provides a range of financial services, including funding and investment products such as ISK-denominated covered bonds, with a focus on the domestic Icelandic market.
Average Trading Volume: 43,036
Technical Sentiment Signal: Buy
Current Market Cap: SEK20.74B
For a thorough assessment of ARION stock, go to TipRanks’ Stock Analysis page.