BNPP pushes for longer tenor with T2

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BNPP pushes for longer tenor with T2

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Advertising for the French bank, BNP Paribas, is seen in New York on Tuesday, May 6, 2014. The U.S. Federal Reserve Board is fining BNP Paribas $246 million for alleged improper foreign currency trading practices. (Photo by Richard B. Levine) *** Please Use Credit from Credit Field *** | Richard B. Levine/SIPA USA/PA Images

BNP Paribas on Tuesday offered a 12 year tier two bond in bullet format, making use of favourable conditions to offer investors a chance to invest in a longer dated deal.

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