A total of 18 bids for ISK 5,340m were received in the series ARION CBI 30 at a yield in the range of 2.65-2.89%. Bids in the amount of ISK 5,040m were accepted at a 2.85% yield. The Bank is issuing an additional ISK 960m of the series for bond lending purposes in relation to market making. The size of the series following the issuance will be ISK 6.000m.

The bonds are scheduled to be admitted to trading on Nasdaq Iceland on July 5 2023.

The offering is managed by Arion Bank Capital Markets.