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Santander Chile issues CHF150M bond

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Santander Chile issues CHF150M bond

Banco Santander Chile placed a CHF150 million bond in the Swiss market, the bank said in a filing.

The bond has a term of five years and six months and carries a fixed interest rate of 0.384%, equivalent to a spread of 67 basis points above the mid-swap.

The bank last tapped the Swiss market in September 2018 with bonds for CHF115 million; it has a total of four bonds outstanding in the Swiss debt market.