SAN 3.225 11/22/32 '31 FRN

Tier 2

US05971KAL35

Issuer LEI5493006QMFDDMYWIAM13

SeniorityTier 2

Classification basisFIRDS debt seniority field

Total issued nominalUSD 1,000m

CurrencyUSD

Coupon3.225%

Interest typeFixed rate

Maturity date2032-11-22 · 6.3y

First trade date2021-11-16

Nominal per unitUSD 200,000

CFIDBFUGR

Reference venue (MIC)BTFE

Trading venues8

StatusActive

First seen2026-07-19

Last seen2026-08-04

Similar instruments

Active fixed rate Tier 2 instruments in USD maturing within two years of this one, across the entity universe.

Peer instruments

Peer median coupon

5.861%

Coupon percentile

7th

ISIN	Issuer	Instrument	Coupon	Maturity	Amount
XS2428496710	Standard Chartered	STAN 3.603 01/12/33 '32 FRN	3.603%	2033-01-12	USD 750m
USF2R125CE38	Crédit Agricole	CAGR 4.000 01/10/33 '28 FRN	4%	2033-01-10	USD 1,250m
XS1683357252	ING Group	INGGROEP4%14SEP32	4%	2032-09-14	USD 100m
US46115HBQ92	Intesa Sanpaolo	ISP 4.198 06/01/32 '31 FRN	4.198%	2032-06-01	USD 750m
US65557HAH57	Nordea	NORDEA BANK ABP Issue of USD 500,000,000 4.625 per cent Reset Subordinated Notes due 13th September 2033 (Reg S)	4.625%	2033-09-13	USD 500m
US65557FAH91	Nordea	NORDEA BANK ABP Issue of USD 500,000,000 4.625 per cent Reset Subordinated Notes due 13th September 2033 (144A)	4.625%	2033-09-13	USD 500m

XS2428496710Standard Chartered

USF2R125CE38Crédit Agricole

US46115HBQ92Intesa Sanpaolo

ISIN	Instrument	Seniority	Coupon	Maturity	Amount
XS2393518597	BANCO SANTANDER, S.A. Issue of GBP 850,000,000 Tier 2 Subordinated Instruments due 4 October 2032	T2	2.25%	2032-10-04	GBP 850m
US05964HAV78	SAN 6.921 08/08/33	T2	6.921%	2033-08-08	USD 2,000m
XS2626699982	BANCO SANTANDER, S.A. Issue of EUR 1,500,000,000 Tier 2 Subordinated Instruments due August 2033	T2	5.75%	2033-08-23	EUR 1,500m
US05964HBD61	SAN 6.350 03/14/34	T2	6.35%	2034-03-14	USD 1,250m
XS2751667150	BANCO SANTANDER, S.A. Issue of EUR 1,250,000,000 Tier 2 Subordinated Instruments due April 2034	T2	5%	2034-04-22	EUR 1,250m
AU3CB0311298	SAN 6.444 07/17/34 '29 FRN	T2	6.444%	2034-07-17	AUD 300m
AU3FN0089652	SANTAN Float 07/17/34 BOND	T2	Not disclosed	2034-07-17	AUD 300m
US05971KAG40	SAN 2.749 12/03/30	T2	2.749%	2030-12-03	USD 1,500m

XS2393518597BANCO SANTANDER, S.A. Issue of GBP 850,000,000 Tier 2 Subordinated Instruments due 4 October 2032

US05964HAV78SAN 6.921 08/08/33

XS2626699982BANCO SANTANDER, S.A. Issue of EUR 1,500,000,000 Tier 2 Subordinated Instruments due August 2033

US05964HBD61SAN 6.350 03/14/34

XS2751667150BANCO SANTANDER, S.A. Issue of EUR 1,250,000,000 Tier 2 Subordinated Instruments due April 2034

AU3CB0311298SAN 6.444 07/17/34 '29 FRN

AU3FN0089652SANTAN Float 07/17/34 BOND

US05971KAG40SAN 2.749 12/03/30