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ItalianoBond SpareBank I SMN 0.35% ( CH0318407761 ) in CHF
| Issuer | SpareBank I SMN |
| Market price | 100 % ⇌ |
| Country |  Norway
|
| ISIN code |
 CH0318407761 ( in CHF )
|
| Interest rate | 0.35% per year ( payment 1 time a year) |
| Maturity | 05/04/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 CHF |
| Total amount | 175 000 000 CHF |
| Detailed description |
SpareBank 1 SMN is a regional Norwegian bank and a member of the SpareBank 1 Alliance, primarily serving individuals and businesses in Central Norway, and listed on the Oslo Stock Exchange. An informative article on a matured financial instrument details the specifications and outcome of a CHF-denominated bond (ISIN: CH0318407761) issued by SpareBank 1 SMN, a prominent Norwegian financial institution offering a wide range of banking and financial services across its domestic market. This particular bond, which carried a fixed interest rate of 0.35% and had a total issuance size of CHF 175,000,000 with a minimum purchase amount of CHF 5,000, was initially issued out of Norway and traded at 100% of its par value. With annual interest payments, the instrument reached its full maturity on April 5, 2023, and has since been successfully repaid to its bondholders. |