tiprankstipranks
Advertisement
Advertisement

SpareBank 1 Nord-Norge Sets New Coupon Rate on NONG104 PRO Bond

Story Highlights
  • SpareBank 1 Nord-Norge set a 5.18% coupon for bond NO0010958127 for March–June 2026.
  • The revised interest rate on NONG104 PRO follows the bond agreement and clarifies upcoming investor returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SpareBank 1 Nord-Norge Sets New Coupon Rate on NONG104 PRO Bond

Meet Samuel – Your Personal Investing Prophet

SpareBank 1 Nord-Norge ( (SPXXF) ) has provided an announcement.

SpareBank 1 Nord-Norge has set a new interest rate of 5.18% for bond NO0010958127, effective for the interest period from 23 March 2026 to 23 June 2026. The adjustment, published by Nordic Trustee, reflects terms specified in the bond agreement for the NONG104 PRO issue and signals the updated cost of this specific funding instrument for investors and the bank.

The new rate determination ensures continued alignment with the contractual framework governing the bond and provides clarity to bondholders regarding expected coupon payments over the upcoming quarter. This update may influence investor yield expectations on the instrument and forms part of the bank’s ongoing management of funding costs in the capital markets.

More about SpareBank 1 Nord-Norge

SpareBank 1 Nord-Norge is a Norwegian financial institution operating in the banking and capital markets sector, serving customers in Northern Norway. Through its funding activities, the bank issues bonds in the debt capital markets, providing investors with fixed-income products such as notes listed under tickers like NONG104 PRO.

Average Trading Volume: 73,768

Current Market Cap: NOK15.99B

For an in-depth examination of SPXXF stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1