tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SpareBank 1 SMN Resets Coupon on MING120 PRO Bond to 5.33%

Story Highlights
SpareBank 1 SMN Resets Coupon on MING120 PRO Bond to 5.33%

Claim 70% Off TipRanks Premium

The latest update is out from SpareBank 1 SMN ( (SRMGF) ).

SpareBank 1 SMN has had the interest rate on its bond issue with ISIN NO0013024984, ticker MING120 PRO, reset to 5.33% for the interest period from 2 January 2026 to 7 April 2026, in line with the terms of the bond agreement. The adjustment reflects the regular resetting mechanism of this instrument and provides investors with clarity on the coupon level for the upcoming period, underscoring the bank’s continued use of bond financing within the Nordic capital markets.

More about SpareBank 1 SMN

SpareBank 1 SMN is a Norwegian financial institution operating primarily as a regional bank, offering a range of banking, financing and investment services to retail and corporate customers in its home market. It is an active issuer in the Nordic fixed-income market, using bond issues as an important funding source for its lending and broader banking operations.

Average Trading Volume: 101,937

Current Market Cap: NOK29.39B

Find detailed analytics on SRMGF stock on TipRanks’ Stock Analysis 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