Bond Santander Bank 1% ( ES0213900220 ) in EUR
Issuer | Santander Bank | ||
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Interest rate | 1% per year ( payment 4 times a year) | ||
Maturity | Perpetual | ||
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Minimal amount | 100 EUR | ||
Total amount | 981 000 000 EUR | ||
Next Coupon | 15/09/2025 ( In 43 days ) | ||
Detailed description |
Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. This financial instrument, identified by ISIN code ES0213900220, is a perpetual bond issued by Banco Santander, a prominent Spanish multinational financial services company and one of the world's largest banks by market capitalization, with its origin in Spain, currently trading at 100% of its face value in EUR, offering an annual interest rate of 1% with interest payments disbursed quarterly to investors, from a substantial total issue size of ?981,000,000, yet accessible with a minimum purchase size of ?100, its perpetual maturity implying no fixed redemption date and an indefinite investment horizon, typically with a call feature retained by the issuer. |