BME:SANBanks
How New 2031 Eurobonds At Banco Santander (BME:SAN) Have Changed Its Investment Story
Earlier in January 2026, Banco Santander, S.A. completed two Eurobond issues totaling A$1.00 billion, including 5.218% fixed‑rate senior notes and floating‑rate senior unsecured notes, both maturing in 2031 at par.
These twin fixed‑ and floating‑rate offerings highlight Santander’s diversified funding approach as investors weigh geopolitical tariff risks and the upcoming FY2025 earnings and Investor Day.
Against this backdrop of fresh Eurobond issuance, we’ll examine how tariff uncertainty...