These are the details of the selected bond:
- Issuer: Arion Bank
- Covered bond rating(s) at launch: Aa1 (Moody's)
- Amount: EUR300m
- Maturity date: 24 February 2031
- Re-offer price: 99.738
- Coupon: 2.75%
- Swap spread: 40bp
- Government spread: 53.6bp
- Pricing date: 17 February 2026
- Settlement date: 24 February 2026
- Bookrunners: Barclays, DZ, Erste, UBS
- Country: Iceland
- ISIN: XS3299432248
- Collateral type: Mortgage
- The CBR bond ID: 3317
- Green, social, sustainability description: unlabelled
- Notes: Final book above EUR1.05bn (inc. EUR170m JLMs).
