SpareBank hits the spot with three year floater

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SpareBank hits the spot with three year floater

trondheim_Fotolia_230x150
River Nidelva, the Cathedral Nidarosdomen, old timber historical buildings and moderne architecture in the norwegian city Trondheim | Jelena Safronova/liramaigums - stock.adobe.com

SpareBank 1 SMN diverged from its typical issuance format on Thursday to fill a gap in its funding curve, ahead of clarification over how Norwegian banks will meet minimum requirement for own funds and eligible liabilities (MREL).

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