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SpareBank 1 SMN Sets New Quarterly Coupon on MING119 PRO Bond

Story Highlights
  • SpareBank 1 SMN set a 5.63 interest rate on bond NO0013010454 for March to June 2026.
  • The updated coupon on MING119 PRO clarifies investor returns and supports the bank’s funding operations.
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SpareBank 1 SMN Sets New Quarterly Coupon on MING119 PRO Bond

Meet Samuel – Your Personal Investing Prophet

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

SpareBank 1 SMN has announced a new interest rate of 5.63 for bond NO0013010454, covering the interest period from March 5, 2026, to June 5, 2026. The rate for the MING119 PRO ticker has been set in line with the existing bond agreement, with further details available to bondholders via Nordic Trustee.

The adjustment of the coupon on this bond defines the return investors will receive over the upcoming quarter and reflects current conditions in the interest-rate environment. By formally confirming the new rate and period, the bank provides predictability for bond investors and supports orderly functioning of its funding and debt management activities.

More about SpareBank 1 SMN

SpareBank 1 SMN is a Norwegian financial institution operating in the banking and capital markets, including the issuance and management of bond instruments for investors. Through its funding activities, it provides investment products tied to interest-bearing securities in the Nordic market.

Average Trading Volume: 118,923

Current Market Cap: NOK30.57B

Learn more about SRMGF stock on TipRanks’ Stock Analysis page.

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