Santander brings first Chilean FRN

Oliver West

August 28, 2018 01:15 pm

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A sign for a branch of Santander in central London, as the high street bank said the buy-to-let rush ahead of this month's stamp duty increase helped profits rise 13\% as it enjoyed a surge in mortgage lending. | John Stillwell/PA Archive/PA Images

Banco Santander’s Chilean yesterday sold the first ever floating rate note in Chilean pesos, raising Ps75bn ($114m) in long three year notes.

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Santander brings first Chilean FRN

Banco Santander’s Chilean yesterday sold the first ever floating rate note in Chilean pesos, raising Ps75bn ($114m) in long three year notes.

Unlock this article.

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