BNP Paribas and UniCredit add to FRN flow

Two more issuers built on a strong start to the year for euro-denominated floating rate notes on Monday, as UniCredit sold a five year bond and BNP Paribas opted for a two year tenor for its second FRN of the year. UniCredit was able to draw solid demand for its deal, despite printing at an aggressive level compared to its fixed rate curve.