Storebrand Bank adjusts bond portfolio with strategic transactions

Storebrand Bank ASA has announced a significant adjustment to its bond portfolio, involving both the sale and acquisition of bonds issued by Storebrand Boligkreditt AS. The company divested NOK 500 million of its own holdings in a bond, reflecting a strategic move to optimize its existing positions.

Concurrently, Storebrand Bank ASA acquired NOK 200 million in another bond, also issued by Storebrand Boligkreditt AS. This two-pronged transaction indicates a proactive approach to managing its financial instruments and liquidity.

The announcement underscores ongoing treasury management activities. For further inquiries, Einar Leikanger, head of treasury, is listed as the contact person.