- With these new issuances, there are now seven, six of which are sustainable, transactions of this type carried out by regional governments on BME’s fixed-income markets in 2026
BME’s fixed-income markets are strengthening their role as a platform for regional financing and as a driver of sustainable finance in Spain. Through the AIAF market, the autonomous communities of Galicia, Andalusia, Castile and León, and the Canary Islands have issued new bonds totaling 500 million euros each.
The new issues admitted to trading feature a fixed coupon of 3.29% and a seven-year maturity in the case of Galicia, a fixed coupon of 3.35% and an eight-year maturity for Andalusia; a fixed coupon of 3.33% with an eight-year maturity for Castile and León; and a fixed coupon of 3.50% with a ten-year maturity for the Canary Islands.
In addition, a few days ago, BME’s fixed-income market, AIAF, also recorded a new five-year bond issue by the Community of Madrid, which became the first public bond issue by a European region conducted under the Green Bond Standard. This transaction, together with the new bond issuances by the Autonomous Community of Galicia, the Regional Government of Andalusia, and the Government of the Canary Islands, brings the total number of ESG-linked bond issuances by regional governments through BME’s fixed-income markets so far this year to six.
Various financial institutions participated in the placement of these issues as coordinators and underwriters. In the case of Galicia, the participating institutions were Abanca Corporación Bancaria, S.A., Banco Bilbao Vizcaya Argentaria, S.A., Banco de Sabadell, S.A., Banco Santander, S.A., Crédit Agricole Corporate and Investment Bank, S.A., and HSBC Continental Europe, S.A.
For Andalusia, the participating institutions were Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., CaixaBank, S.A., Crédit Agricole CIB, HSBC Continental Europe, and ING Bank N.V. In the case of Castile and León, the participating institutions were BBVA, Banco Santander, Crédit Agricole CIB, HSBC, ING Bank, and Kutxabank; and for the Canary Islands, Banco Bilbao Vizcaya Argentaria, S.A., Banco Santander, S.A., Caixabank, S.A., Crédit Agricole Corporate and Investment Bank, S.A., Deutsche Bank AG, and HSBC Continental Europe, S.A.
“These transactions highlight the role of BME’s fixed-income markets as a key financing source for public issuers and as an efficient channel for accessing institutional capital, contributing to the development of deeper, more efficient, and more diversified capital markets. With these issuances, there have now been seven transactions carried out by regional governments through BME’s fixed-income markets in 2026,” said Susana de Antonio, director of Primary Markets at BME.
You can find all the information about BME’s fixed-income markets at this linkopens in a new tab.
