Santander UK Issues $1 Billion Covered Bonds

Santander UK (GB:SANB) has released an update.

Santander UK has announced the issuance of $1 billion in fixed-rate covered bonds under its €35 billion Global Covered Bond Programme, set to mature in December 2027. This move is part of Santander UK’s strategy to strengthen its funding base and is likely to attract interest from investors looking for stable returns in the financial markets. The bonds are available to view on Santander’s website and through the National Storage Mechanism.

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