Senior market opens with rainbow of issuance

The senior unsecured FIG market is flowering, with deals from a range of borrowers coming in both euros and sterling. Double A issuers BNP Paribas, Credit Agricole and Nordea are taking advantage of an improved market to raise five year funding. Smaller borrower 3CIF is set to print a three year trade and Provident Financial is looking at the sterling retail market.