SUNNDAL SPB 24/29 FRNSUNNDAL SPB 24/29 FRNSUNNDAL SPB 24/29 FRN

SUNNDAL SPB 24/29 FRN

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Key terms


Outstanding amount
‪200.00 M‬NOK
Face value
1,000,000.00NOK
Minimum denomination
1,000,000.00NOK
Coupon
5.62% (Variable)
Coupon frequency
Quarterly
Yield to maturity
Maturity date
Aug 27, 2029
Term to maturity
4 years

About SUNNDAL SPB 24/29 FRN


Issuer
Sunndal Sparebank
Sector
Finance
Industry
Savings Banks
Issue date
Aug 27, 2024
ISIN
NO0013318741
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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