Bond SPB First Bank ASA 1.95% ( NO0010861073 ) in NOK

Issuer	SPB First Bank ASA
Market price	100 % ⇌
Country	Norway
ISIN code	NO0010861073 ( in NOK )
Interest rate	1.95% per year ( payment 1 time a year)
Maturity	28/08/2025 - Bond has expired
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Minimal amount	2 000 000 NOK
Total amount	450 000 000 NOK
Detailed description	SPB 1 SR-Bank ASA is a Norwegian bank primarily focused on providing financial services to individuals and small and medium-sized enterprises (SMEs) in the Stavanger and Rogaland regions of Norway. A detailed analysis of the bond market reveals key specifics regarding an offering from Spb 1 SR-Bank ASA, a prominent financial institution based in Norway, recognized as one of the country's largest regional savings banks. This particular debt instrument, identified by the ISIN code NO0010861073, is denominated in Norwegian Krone (NOK) and is currently trading at its par value, indicating a market price of 100%. The bond features an annual interest rate of 1.95%, with interest payments scheduled to occur once per year. The maturity date for this fixed-income security is set for August 28, 2025. The total size of this bond issuance amounts to NOK 450,000,000, originating from Norway, and carries a minimum purchase requirement of NOK 2,000,000, positioning it primarily for institutional or high-net-worth investors.