SUNNDAL SPB 21/25 FRNSUNNDAL SPB 21/25 FRNSUNNDAL SPB 21/25 FRN

SUNNDAL SPB 21/25 FRN

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Key terms


Outstanding amount
‪100.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
1,000,000.00NOK
Coupon
4.88% (Variable)
Coupon frequency
Quarterly
Yield to maturity
4.08%
Maturity date
Sep 25, 2025
Term to maturity
1 month

About SUNNDAL SPB 21/25 FRN


Issuer
Sunndal Sparebank
Sector
Finance
Industry
Savings Banks
Issue date
Nov 25, 2021
ISIN
NO0011156689
FIGI
BBG013KXKJC0
Sunndal Sparebank is a form of banking organization that lends money while also taking deposits from the general public and turning them into demand deposits. They have the responsibility of gathering public deposits and lending those deposits for the growth of commerce, industry, trade, and agriculture. They receive interest on loans and advances from depositors at higher rates while paying depositors lower interest.

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