BME:BBVABanks
Do BBVA's New US$2.5 Billion Notes Clarify Its Long-Term Funding Strategy (BME:BBVA)?
In late February 2026, Banco Bilbao Vizcaya Argentaria, S.A. completed and announced several US$-denominated senior non-preferred note offerings totaling US$2.50 billion, spanning fixed and floating-rate Eurobond and Eurodollar issues maturing in 2029 and 2036.
These issuances, coming soon after BBVA reported record 2025 profit on strong loan growth and efficiency gains, highlight how the bank is tapping bond markets to support its balance sheet and funding mix.
We’ll now examine how...