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FIGSenior Debt

BNP Paribas shows TLAC options are open in non-core currencies

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BNP Paribas is blazing a trail by selling non-preferred senior bonds in non-core currencies, as a broadening circle of investors show their interest in total loss absorbing capacity (TLAC) product from European banks. With more liquid points outstanding, the way could be open for more financial institutions to follow.

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