PRIIPS – Key Information Documents (KID)

Here you’ll find key information documents (KID) about packaged products and services offered by DNB Carnegie Norway

Regulations for increased investor protection

The PRIIPS regulations have been introduced to help non-professional investors make the right product choices. Good information must be provided through increased transparency and harmonisation of regulations across different product types and distribution channels.

The PRIIPS regulation specifies what key information should be provided and how. The information is provided in a Key Information Document (KID). The KID is a three-page document that describes the product’s properties, risk factors, costs and the potential for profit and loss.

The KID is prepared by the product manufacturer in the official language(s) of the countries where the product is sold. Distributors and sellers of PRIIPS are responsible for ensuring that investors have access to KID. The KID must be separate from the product’s marketing material.

Below you will find DNB Carnegies KID documents in Norwegian.

What is PRIIPS?

PRIIPS is an abbreviation for “Packaged retail, insurance and investment products”. The PRIIPs regulations are essentially an EU regulation adopted as law in Norway.

The PRIIPs Act orders manufacturers and providers of investment products to provide non-professional investors with key information (KID) about products before investment.

The PRIIPs Act (Lovdata, NO)

KID for currency derivatives

Product	Maturity (months)	Currency pair	KID (document)
FX Termin Seller	3 months	EURNOK	KID FX Termin Seller (PDF, Norwegian)
FX Termin Buyer	3 months	EURNOK	KID FX Termin Buyer (PDF, Norwegian)
FX Swap purchased	3 months	EURNOK	KID FX Swap bought (PDF, Norwegian)
FX Swap sold	3 months	EURNOK	KID FX Swap sold (PDF, Norwegian)
FX Put option	3 months	EURNOK	KID FX Put Opsjon (PDF, Norwegian)
FX Call Option	3 months	EURNOK	KID FX Call Option (PDF, Norwegian)
FX Call Option Buy	12 months	EURNOK	FXCall12mEURNOKBuy
FX Call Option Sell	12 months	EURNOK	FXCall12mEURNOKSell
FX Call Option Buy	12 months	EUR SEK	FXCall12mEURSEKBuy
FX Call Option Sell	12 months	EUR SEK	FXCall12mEURSEKSell
FX Put Option Buy	12 months	EURNOK	FXPut12mEURNOKBuy
FX Put Option Sell	12 months	EURNOK	FXPut12mEURNOKSell
FX Put Option Buy	12 months	EUR SEK	FXPut12mEURSEKBuy
FX Put Option Sell	12 months	EUR SEK	FXPut12mEURSEKSell
FX Risk Reversal Buy	12 months	EURNOK	FXRR12mEURNOKBuy
FX Risk Reversal Sales	12 months	EURNOK	FXRR12mEURNOKSell
FX Risk Reversal Buy	12 months	EUR SEK	FXRR12mEURSEKBuy
FX Risk Reversal Sales	12 months	EUR SEK	FXRR12mEURSEKSell
FX Participating Forward Buy	12 months	EURNOK	FXPFWD12mEURNOKBuy
FX Participating Forward Sell	12 months	EURNOK	FXPFWD12mEURNOKSell
FX Participating Forward Buy	12 months	EUR SEK	FXPFWD12mEURSEKBuy
FX Participating Forward Sell	12 months	EUR SEK	FXPFWD12mEURSEKSell

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID for foreign currency transactions

Product	Term	Currency pair	KID
FX Forward Buy	3 months	EURNOK	KID FXFWD3m EURNOK Buy
FX Forward Sell	3 months	EURNOK	KID FXFWD3m EURNOK Sell
FX Forward Buy	3 months	EUR SEK	KID FXFWD3m EURSEK Buy
FX Forward Sell	3 months	EUR SEK	KID FXFWD3m EURSEK Sell
FX Forward Buy	12 months	EURNOK	KID FXFWD12m EURNOK Buy
FX Forward Sell	12 months	EURNOK	KID FXFWD12m EURNOK Sell
FX Forward Buy	12 months	EUR SEK	KID FXFWD12m EURSEK Buy
FX Forward Sell	12 months	EUR SEK	KID FXFWD12m EURSEK Sell
FX Booster Forward	12 months	EURNOK	FXBFWD12mEURNOKBuy
FX Booster Forward	12 months	EURNOK	FXBFWD12mEURNOKSell
FX Booster Forward	12 months	EUR SEK	FXBFWD12mEURSEKBuy
FX Booster Forward	12 months	EUR SEK	FXBFWD12mEURSEKSell

KID for forward currency contracts

Product	Term	Currency pair	KID
Multipe Ratio Forward	12 months	EURNOK	FXMRFWD 12m EURNOK Buy
Multipe Ratio Forward	12 months	EURNOK	FXMRFWD 12m EURNOK Sell
Multipe Ratio Forward	12 months	EUR SEK	FXMRFWD 12 m EURSEK Buy
Multipe Ratio Forward	12 months	EUR SEK	FXMRFWD 12m EURSEK Sell

KID for Target Redemption Forwards

Product	Term	Currency pair	KID
TARF	12 months	EURNOK	FXTARF 12m EURNOK Buy
TARF	12 months	EURNOK	FXTARF 12m EURNOK Sell
TARF	12 months	EUR SEK	FXTARF NOK 12 m EUR Buy
TARF	12 months	EUR SEK	FXTARF 12m EURSEK Sell

KID of foreign currency knock-in forwards

Product	Term	Currency pair	KID
FX Knock In Forward	12 months	EURNOK	FXKIFWD 12m EURNOK Buy
FX Knock In Forward	12 months	EURNOK	FXKIFWD 12 m EURNOK Sell
FX Knock In Forward	12 months	EUR SEK	FXKIFWD NOK 12 m EUR Buy
FX Knock In Forward	12 months	EUR SEK	FXKIFWD 12 m EURSEK Sell

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID documents on currency swaps (FX Swaps)

Product	Forward	Currency pair	KID
FX Swap	3 months	EURNOK	FXSWP3m EURNOK Buy
FX Swap	3 months	EURNOK	FXSWP3m EURNOK Sell
FX Swap	3 months	EUR SEK	FXSWP3m EURSEK Buy
FX Swap	3 months	EUR SEK	FXSWP3m EURSEK Sell
FX Swap	12 months	EURNOK	FXSWP12m EURNOK Buy
FX Swap	12 months	EURNOK	FXSWP12m EURNOK Sell
FX Swap	12 months	EUR SEK	FXSWP12m EURSEK Buy
FX Swap	12 months	EUR SEK	FXSWP12m EURSEK Sell

KID = Key Information Document

These products are "over-the-counter" (OTC) contracts – Foreign Exchange instruments.

KID for interest rate derivatives

Product	Term	Foreign exchange	KID (document)
Interest rate swap payer	10 years	NOK	KID Renteswap payer
Receiver Swap	10 years	NOK	IRS 10y NOK Rec
Payer Swap	10 years	NOK	IRS 10y NOK Pay
Receiver Swap	10 years	SEK	IRS 10y SEK Rec
Payer Swap	10 years	SEK	IRS 10y SEK Pay
Cancellable Swap	3 years/ 7 years	NOK	IRS BANK CANC3y7y NOK Rec
Cancellable Swap	3 years / 7 years	SEK	IRS BANK CANC 3y7y SEK Rec
Constant Maturity Swap (CMS)	5 years	NOK	CMS 5y NOK Rec
Swap with floor	10 years	NOK	IRSFLOOR10yNOK
Swap with floor	10 years	SEK	IRSFLOOR10yNOK

Interest Rate Cap agreements

Product	Term	Foreign exchange	KID (PDF)
Interest Rate Cap Buy	5 years	NOK	CAP5yNOKBuy
Interest Rate Cap Sell	5 years	NOK	CAP5yNOKSell
Interest Rate Cap Buy	5 years	SEK	CAP5ySEKBuy
Interest Rate Cap Sell	5 years	SEK	CAP5ySEKSell

Documentation last updated on 1 October 2024

These products are "over-the-counter" (OTC) contracts – interest rate instruments.

Key Information Documents (KIDs) on interest rate and currency derivatives

Product	Maturity	Underlying Currency	Variants	Entry Cost in%	LPA Identifier / WF name
FX Call	12m	EUR	DNB buys Call	0,40%	FXCall12mEURNOKBuy
	12m	EUR	DNB sells Call	1,50%	FXCall12mEURNOKSell
	12m	EUR	DNB buys Call	0,40%	FXCall12mEURSEKBuy
	12m	EUR	DNB sells Call	1,50%	FXCall12mEURSEKSell
FX Put	12m	EUR	DNB buys Put	0,40%	FXPut12mEURNOKBuy
	12m	EUR	DNB sells Put	1,50%	FXPut12mEURNOKSell
	12m	EUR	DNB buys Put	0,40%	FXPut12mEURSEKBuy
	12m	EUR	DNB sells Put	1,50%	FXPut12mEURSEKSell
Risk Reversal	12m	EUR	DNB buys	1,30%	FXRR12mEURNOKBuy
	12m	EUR	DNB sells	1,30%	FXRR12mEURNOKSell
	12m	EUR	DNB buys	1,10%	FXRR12mEURSEKBuy
	12m	EUR	DNB sells	1,10%	FXRR12mEURSEKSell
FX Forward	3m	EUR	DNB sells EUR	0,80%	FXFWD3mEURNOKBuy
	3m	EUR	DNB buys EUR	0,80%	FXFWD3mEURNOKSell
	3m	EUR	DNB sells EUR	0,70%	FXFWD3mEURSEKBuy
	3m	EUR	DNB buys EUR	0,70%	FXFWD3mEURSEKSell
	12m	EUR	DNB sells EUR	1,40%	FXFWD12mEURNOKBuy
	12m	EUR	DNB buys EUR	1,40%	FXFWD12mEURNOKSell
	12m	EUR	DNB sells EUR	1,20%	FXFWD12mEURSEKBuy
	12m	EUR	DNB buys EUR	1,20%	FXFWD12mEURSEKSell
FX Swap	3m	EUR	DNB buys EUR	0,80%	FXSWP3mEURNOKBuy
	3m	EUR	DNB sells EUR	0,80%	FXSWP3mEURNOKSell
	3m	EUR	DNB buys EUR	0,80%	FXSWP3mEURSEKBuy
	3m	EUR	DNB sells EUR	0,80%	FXSWP3mEURSEKSell
	12m	EUR	DNB buys EUR	1,50%	FXSWP12mEURNOKBuy
	12m	EUR	DNB sells EUR	1,50%	FXSWP12mEURNOKSell
	12m	EUR	DNB buys EUR	1,50%	FXSWP12mEURSEKBuy
	12m	EUR	DNB sells EUR	1,50%	FXSWP12mEURSEKSell
Participation Forward	12m	EUR	DNB buys EUR	1,40%	FXPFWD12mEURNOKBuy
	12m	EUR	DNB sells EUR	1,40%	FXPFWD12mEURNOKSell
	12m	EUR	DNB buys EUR	1,20%	FXPFWD12mEURSEKBuy
	12m	EUR	DNB sells EUR	1,20%	FXPFWD12mEURSEKSell
Flexible Forward / Knock-in Forward	12m	EUR	DNB buys EUR	1,40%	FXKIFWD12mEURNOKBuy
	12m	EUR	DNB sells EUR	1,40%	FXKIFWD12mEURNOKSell
	12m	EUR	DNB buys EUR	1,20%	FXKIFWD12mEURSEKBuy
	12m	EUR	DNB sells EUR	1,20%	FXKIFWD12mEURSEKSell
Deal Currency Deposit (Flip Deposit)	3m	EUR	DNB takes NOK deposit and buys EUR call NOK put	0.80%	FXDCD3mEURNOK
	3m	EUR	DNB takes SEK deposit and buys EUR call SEK put	0.70%	FXDCD3mEURSEK
Multi-Ratio Forward	12m	EUR	DNB buys with K/O and sells PV	0,70%	FXMRFWD12mEURNOKBuy
	12m	EUR	DNB sells with K/O and buys PV	0,70%	FXMRFWD12mEURNOKSell
	12m	EUR	DNB buys with K/O and sells PV	0,60%	FXMRFWD12mEURSEKBuy
	12m	EUR	DNB sells with K/O and buys PV	0,60%	FXMRFWD12mEURSEKSell
Booster Forward	12m	EUR	DNB buys	1,30%	FXBFWD12mEURNOKBuy
	12m	EUR	DNB sells with leverage	1,30%	FXBFWD12mEURNOKSell
	12m	EUR	DNB buys	1,10%	FXBFWD12mEURSEKBuy
	12m	EUR	DNB sells with leverage	1,10%	FXBFWD12mEURSEKSell
TARFs	12m	EUR	DNB buys EUR	1,60%	FXTARF12mEURNOKBuy
	12m	EUR	DNB sells EUR	1,60%	FXTARF12mEURNOKSell
	12m	EUR	DNB buys EUR	1,40%	FXTARF12mEURSEKBuy
	12m	EUR	DNB sells EUR	1,40%	FXTARF12mEURSEKSell
Constant Maturity Swap	5y	NOK	DNB receives CMS5	0,30%	CMS5yNOKRec
Caps	5y	NOK	DNB buys	0,50%	CAP5yNOKBuy
	5y	NOK	DNB sells	0,05%	CAP5yNOKSell
	5y	SEK	DNB buys	0,20%	CAP5ySEKBuy
	5y	SEK	DNB sells	0,05%	CAP5ySEKSell
Floor	5y	NOK	DNB Buys	0.05%	FLOOR5yNOKBuy
	5y	NOK	DNB Sells	0.20%	FLOOR5yNOKSell
	5y	SEK	DNB Buys	0.05%	FLOOR5ySEKBuy
	5y	SEK	DNB Sells	0.20%	FLOOR5ySEKSell
Corridor (bought cap/sold floor)	5y	NOK	DNB sells cap and buys floor	0.50%	CORR5yNOK
	5y	SEK	DNB sells cap and buys floor	0.50%	CORR5ySEK
Swaptions Payer	5y5y	NOK	DNB buys	3.00%	SWPTNPAY5y5yNOKSell
	5y5y	NOK	DNB sells	1.00%	SWPTNPAY5y5yNOKBuy
	5y5y	SEK	DNB buys	3.00%	SWPTNPAY5y5ySEKSell
	5y5y	SEK	DNB sells	0.90%	SWPTNPAY5y5ySEKBuy
Swaptions Receiver	5y5y	NOK	DNB buys	3.00%	SWPTNREC5y5yNOKSell
	5y5y	NOK	DNB sells	1.00%	SWPTNREC5y5yNOKBuy
	5y5y	SEK	DNB buys	3.00%	SWPTNREC5y5ySEKSell
	5y5y	SEK	DNB sells	0.90%	SWPTNREC5y5ySEKBuy
Interest Rate Swap	10y	NOK	DNB pays	1,90%	IRS10yNOKRec
	10y	NOK	DNB receives	1,80%	IRS10yNOKPay
	10y	SEK	DNB pays	1,60%	IRS10ySEKRec
	10y	SEK	DNB receives	1,70%	IRS10ySEKPay
Cancellable Swap (DNB cancels)	3y7y	NOK	DNB receives	1,70%	IRSBANKCANC3y7yNOKRec
	3y7y	SEK	DNB receives	1,50%	IRSBANKCANC3y7ySEKRec
Cancellable Swap (Client cancels)	3y7y	NOK	DNB receives	1.80%	IRSCUSTCANC3y7yNOKRec
	3y7y	SEK	DNB receives	1.50%	IRSCUSTCANC3y7ySEKRec
Cross Currency Swap	5y	EUR	DNB pays float	3.00%	XCCYS5yEURNOKPay
	5y	EUR	DNB receives float	3.00%	XCCYS5yEURNOKRec
	5y	EUR	DNB pays float	2.50%	XCCYS5yEURSEKPay
	5y	EUR	DNB receives float	2.50%	XCCYS5yEURSEKRec
Discount Swap	5y	NOK	DNB receives fixed / Client sells cap	1.10%	IRSCAP5yNOK
	5y	SEK	DNB receives fixed / Client sells cap	0.90%	IRSCAP5ySEK
Interest Rate Swap with Floor	10y	NOK	DNB receives fixed / Client buys floor	1,80%	IRSFLOOR10yNOK
	10y	SEK	DNB receives fixed / Client buys floor	1,50%	IRSFLOOR10ySEK

These products are over-the-counter (OTC) contracts – currency instruments