SUNNDAL SPB 23/28 FRNSUNNDAL SPB 23/28 FRNSUNNDAL SPB 23/28 FRN

SUNNDAL SPB 23/28 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
6.14% (Variable)
Coupon frequency
Quarterly
Yield to maturity
5.09%
Maturity date
Apr 19, 2028
Term to maturity
2 years

About SUNNDAL SPB 23/28 FRN


Issuer
Sunndal Sparebank
Sector
Finance
Industry
Savings Banks
Issue date
Apr 11, 2023
ISIN
NO0012885369
FIGI
BBG01G3K9PD6
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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