Arion Bank hf. - Other information disclosed according to the rules of the Exchange

Arion Bank’s updated issue schedule for 2017

The issue schedule for covered bonds has been raised from ISK 20 billion to ISK 25-30 billion.

The main reason for the current update is the high level of demand for new mortgages and the paying off of existing mortgages. There has also been strong demand for covered bonds in the Bank’s monthly auctions.

For further information please contact Haraldur Gudni Eidsson of Arion Bank's Communications division at haraldur.eidsson@arionbanki.is, or tel. +354 856 7108.

Liitteet:

Updated issuance schedule of Arion Bank for 2017.pdf