Sterling the ‘golden currency’ for Santander non-pref senior

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Sterling the ‘golden currency’ for Santander non-pref senior

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ARCHIV - A sign of the bank Santander is pictured in Barcelona, Spain, 30 April 2013. The spanisch major bank Santander took over competitor Banco Popular Espanol that got into financial woes for one symbolic euro. Photo: Peter Kneffel/dpa | Peter Kneffel/DPA/PA Images

Banco Santander was the only financial issuer in the sterling market on Tuesday, tapping the currency for a non-preferred senior bond. Sterling has made a 'rocket start to 2020', according to FIG market participants.

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