Santander considers switch to Sonia for Holmes deals

Tom Brown

September 03, 2019 04:15 PM

Santander2_PA_230x150 — May 15, 2019 - Malaga, Spain - A man seen walking past the Spanish Santander bank after the executive have decided to fire more than 3.000 employees and close 1.000 offices in the country. (Credit Image: © Jesus Merida/SOPA Images via ZUMA Wire) | Jesus Merida/Zuma Press/PA Images

Santander has announced that it is considering transitioning some Libor-linked notes issued by its Holmes Master Issuer programme to the Sonia benchmark.

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Tom Brown