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SpareBank 1 SMN Sets New Coupon Rate on MING117 PRO Bond

Story Highlights
  • SpareBank 1 SMN set a 6.97 percent coupon on bond NO0012943861 for March to June 2026.
  • The updated rate under ticker MING117 PRO aligns with the bond agreement and clarifies funding costs for investors.
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SpareBank 1 SMN Sets New Coupon Rate on MING117 PRO Bond

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SpareBank 1 SMN ( (SRMGF) ) has provided an announcement.

SpareBank 1 SMN has set a new interest rate of 6.97 percent for its bond with ISIN NO0012943861, covering the interest period from 20 March 2026 to 22 June 2026. The rate, tied to ticker MING117 PRO, has been determined in line with the existing bond agreement and provides clarity on upcoming coupon payments for bondholders.

This adjustment defines the cost of this particular tranche of the bank’s funding over the specified period and signals the interest terms investors can expect in the near term. The update, published by Nordic Trustee, helps maintain transparency in the bank’s funding structure and supports informed decision-making among fixed-income investors holding the instrument.

More about SpareBank 1 SMN

SpareBank 1 SMN is a Norwegian financial institution operating in the banking and capital markets, offering lending, savings, and investment products. The bank also participates in the domestic bond market, issuing debt securities to institutional and professional investors to fund its operations and support its financial services activities.

Average Trading Volume: 130,053

Current Market Cap: NOK29.87B

See more insights into SRMGF stock on TipRanks’ Stock Analysis page.

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