Bond Santander Bank 7.005% ( XS0307728146 ) in GBP

Issuer	Santander Bank
Market price	100 % ⇌
Country	Spain
ISIN code	XS0307728146 ( in GBP )
Interest rate	7.005% per year ( payment 1 time a year)
Maturity	Perpetual - Bond has expired
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Minimal amount	50 000 GBP
Total amount	250 000 000 GBP
Detailed description	Banco Santander is a Spanish multinational banking and financial services company with significant operations in Europe, North America, and South America. A notable fixed-income instrument, identified by its ISIN XS0307728146, was issued by Banco Santander, a globally recognized Spanish multinational financial services company. Headquartered in Madrid and Santander, the bank stands as one of the largest financial institutions worldwide by market capitalization, boasting a significant operational footprint across Europe, North America, and South America. This specific bond, denominated in British Pounds (GBP), carried a fixed annual interest rate of 7.005% on its principal. The total issuance size amounted to 250,000,000 GBP, with a minimum purchase increment set at 50,000 GBP. Although initially characterized as a perpetual bond, indicating no scheduled maturity date, this obligation has since been fully matured and reimbursed, thereby concluding its presence in the market.