Bond Santander Bank 7% ( XS2817323749 ) in EUR

Issuer	Santander Bank
Market price	107.73 % ▲
Country	Spain
ISIN code	XS2817323749 ( in EUR )
Interest rate	7% per year ( payment 1 time a year)
Maturity	Perpetual
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Minimal amount	200 000 EUR
Total amount	1 500 000 000 EUR
Next Coupon	20/11/2025 ( In 65 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 analysis focuses on a perpetual bond issued by Banco Santander, a prominent global financial institution headquartered in Spain, known for its extensive banking operations across various continents, with the instrument identified by ISIN XS2817323749; this Euro-denominated bond, issued out of Spain, currently commands a market price of 106.8% and offers a fixed annual interest rate of 7%, providing investors with a continuous income stream given its perpetual maturity structure.