SUNNDAL SPB 23/27 FRNSUNNDAL SPB 23/27 FRNSUNNDAL SPB 23/27 FRN

SUNNDAL SPB 23/27 FRN

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Key terms


Outstanding amount
‪100.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
Coupon
5.94% (Variable)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Apr 23, 2027
Term to maturity
1 year

About SUNNDAL SPB 23/27 FRN


Issuer
Sunndal Sparebank
Sector
Finance
Industry
Savings Banks
Issue date
Jan 23, 2023
ISIN
NO0012820069
FIGI
BBG01CD68KN6
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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