Bond SpareBank I SMN 0% ( NO0010667819 ) in NOK

Issuer	SpareBank I SMN
Market price	100 % ⇌
Country	Norway
ISIN code	NO0010667819 ( in NOK )
Interest rate	0%
Maturity	19/12/2022 - Bond has expired
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Minimal amount	100 000 NOK
Total amount	1 000 000 000 NOK
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. The bond, identified by ISIN NO0010667819, issued by SpareBank 1 SMN in Norway, has successfully reached its maturity date of December 19, 2022, and has been fully repaid to investors. SpareBank 1 SMN stands as a prominent Norwegian regional savings bank, forming a key part of the SpareBank 1 Alliance and playing a vital role in providing a comprehensive range of financial services to individuals and businesses across its communities in Trøndelag and Møre og Romsdal, thereby underpinning local economic stability. This particular debt instrument, denominated in Norwegian Krone (NOK), represented a total issue size of NOK 1,000,000,000, with the minimum purchase size set at NOK 100,000 for investors. Notably, the bond was structured with an stated interest rate of 0%, and was observed at a market price of 100% at the time of its repayment, signifying a full principal reimbursement upon maturity. The payment frequency of '1' indicates that the single, final payment occurred at maturity, encompassing the full repayment of the principal amount. Consequently, this financial obligation has completed its lifecycle, having been duly settled and removed from active trading.