BBVA suffers for 5yr choice as Santander’s 2yr stays stable

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BBVA suffers for 5yr choice as Santander’s 2yr stays stable

Banco Santander and Banco Bilbao Vizcaya Argentaria (BBVA) went head to head in the senior unsecured euro market on Monday and by the end of the week Santander’s choice of a two year FRN looked a better bet than it’s rival’s five year fixed rate deal.

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