Financial Times FT.com

Santander unveils €16bn bond buy-back

By Mark Mulligan in Madrid and Anousha Sakoui in London

Published: August 24 2009 09:54 | Last updated: August 24 2009 20:25

Debt markets were given a significant confidence boost on Monday when Santander, Spain’s largest bank, launched a programme to buy back securitised bonds with a face value of €16.5bn ($23.6bn).

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