BNP Paribas follows ING with two year FRN
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BNP Paribas follows ING with two year FRN

BNP Paribas added to the week’s rush of short dated floating rate notes on Friday, selling a €1.5bn two year deal at 43bp over three month Euribor. Low rates are attracting issuers to the short end of the curve, and more deals could come as borrowers replace LTRO funding, bankers said.

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