Banco Santander SA Bond Yields (USD, Non-Callable)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-banks-spain-non-callable-banco-santander-sa
Banco Santander SA Bond Yields (USD, Non-Callable) as of 2026-09-10: 10Y at 5.86%, fitted curve 2Y–10Y (4.94%–5.86%), 11 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 2Y | 4.94% | — |
| 3Y | 5.20% | 5.84% |
| 4Y | 5.40% | 6.18% |
| 5Y | 5.56% | 6.37% |
| 8Y | 5.80% | 6.42% |
| 9Y | 5.84% | 6.33% |
| 10Y | 5.86% | 6.26% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.94% and the 10-year 5.86%, a 10Y−2Y spread of +92 bp — positively sloped — as of 2026-09-10. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.94% | 4.71% | 4.84% | 4.68% | 4.58% | 4.43% | 4.15% |
| 10Y | 5.86% | 5.71% | 5.67% | 5.60% | 5.65% | 5.61% | 5.44% |
| 10Y − 2Y | +92 bp | +100 bp | +84 bp | +92 bp | +107 bp | +118 bp | +128 bp |
Bonds in this curve
The 11 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Banco Santander SA | 4.83% | 2028-08-08 | 5.59% | US05964HAU95 |
| Banco Santander SA | 5.23% | 2029-04-15 | 4.60% | US05971KAX72 |
| Banco Santander SA | 5.12% | 2029-06-27 | 3.31% | US05971KAC36 |
| Banco Santander SA | 5.38% | 2030-01-17 | 5.57% | US05964HBJ32 |
| Banco Santander SA | 5.40% | 2030-05-28 | 3.49% | US05971KAF66 |
| Banco Santander SA | 5.30% | 2030-11-06 | 4.55% | US05971KAR05 |
| Banco Santander SA | 5.51% | 2031-03-25 | 2.96% | US05964HAM79 |
| Banco Santander SA | 5.54% | 2031-04-15 | 4.87% | US05971KAV17 |
| Banco Santander SA | 5.80% | 2035-01-17 | 6.03% | US05964HBK05 |
| Banco Santander SA | 5.83% | 2035-11-06 | 5.13% | US05971KAS87 |
| Banco Santander SA | 5.90% | 2036-04-15 | 5.44% | US05971KAW99 |