BNP Paribas trades on name to get volume

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BNP Paribas trades on name to get volume

BNP Paribas priced a new Eu1.5bn five year covered bond yesterday (Wednesday) afternoon after the leads decided that the strength of the order book would allow them to price a deal above the Eu1bn level that several other issuers have recently been restricted to. Bankers are now looking forward to what could be achieved next week.

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