These are the details of the selected bond:
- Issuer: Santander
- Covered bond rating(s) at launch: Aa1 (Moody's)
- Amount: EUR500m
- Maturity date: 13 May 2030
- Re-offer price: 99.805
- Coupon: 2.50%
- Swap spread: 36bp
- Pricing date: 6 May 2025
- Bookrunners: Intesa Sanpaolo, Santander, UniCredit
- Country: Spain
- ISIN: ES0413900988
- Collateral type: Public
- The CBR bond ID: 3112
- Green, social, sustainability description: unlabelled