Bond spb1SMN 2.39% ( NO0010850340 ) in NOK

Issuer spb1SMN
Market price 100 %  ⇌ 
Country  Norway
ISIN code  NO0010850340 ( in NOK )
Interest rate 2.39% per year ( payment 1 time a year)
Maturity 16/04/2024 - Bond has expired



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Minimal amount 1 000 000 NOK
Total amount 500 000 000 NOK
Detailed description SPB1, also known as SMN1, is a gene that codes for the survival motor neuron protein, crucial for the development and maintenance of motor neurons.

This financial analysis details the key specifications of a recently matured and redeemed bond, identified by ISIN NO0010850340, issued by Spb 1 SMN, a Norwegian-based entity. Denominated in Norwegian Krone (NOK), this debt instrument carried an annual interest rate of 2.39% and represented a total issuance size of 500,000,000 NOK, with a stipulated minimum purchase size of 1,000,000 NOK. The bond featured an annual payment frequency and concluded its lifecycle on April 16, 2024, at which point it was fully redeemed at its par value, consistent with its reported market price of 100% at maturity.