Bond profile

Banco Santander 3.625% — perpetual

BANCO SANTANDER/3.625EUR NT PERP W/ · ISIN XS2388378981
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Bond terms

ISINXS2388378981
TypeCorporate
IssuerBANCO SANTANDER S.A.
Coupon typeFixed rate
Annual coupon3.625%
Coupon frequencyAnnual (estimated from the issue format)
MaturityPerpetual (no maturity)
CurrencyEUR
SeniorityJunior (subordinated)
Amount issued1,000,000,000 EUR
Trading start02 March 2022
Trading venuesBorsa del Lussemburgo · Börse Düsseldorf · Börse Frankfurt · Börse Hamburg · Börse München · Börse Stuttgart · Euronext Dublin

Perpetual bond: it has no redemption date. The issuer can usually call it at pre-set dates; coupons can run indefinitely. Typically subordinated — for informed investors.

Taxation in Italy

For individuals resident in Italy, interest on corporate bonds is taxed at a substitute rate of 26%. Indicative rate: this is not tax advice.

Objective data from the official EU register (FIRDS/ESMA), refreshed weekly and automatically cross-checked. This page shows no market prices and is not an investment recommendation.

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