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The latest announcement is out from SpareBank 1 SMN ( (SRMGF) ).
SpareBank 1 SMN has had the coupon on its bond with ISIN NO0011204182, ticker MING105 PRO, reset to 4.92% for the interest period from 18 February 2026 to 18 May 2026. The new rate and interest period have been determined in line with the existing bond agreement, providing updated yield terms for investors in this specific debt instrument.
The adjustment ensures the bond’s interest terms remain aligned with contractual mechanisms, reflecting prevailing market conditions at the time of reset. This update offers clarity to bondholders regarding expected income over the upcoming interest period and underscores the bank’s adherence to the agreed framework for its funding instruments.
More about SpareBank 1 SMN
SpareBank 1 SMN is a Norwegian financial institution that operates as part of the SpareBank 1 alliance, focusing on retail and corporate banking services, financing, and capital markets products, including the issuance of bonds to support its funding and lending activities.
YTD Price Performance: -1.29%
Average Trading Volume: 115,757
Current Market Cap: NOK29.24B
See more data about SRMGF stock on TipRanks’ Stock Analysis page.