BNP Paribas, Barclays tap attractive Aussie market to raise tier two

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BNP Paribas, Barclays tap attractive Aussie market to raise tier two

◆ BNPP follows Barclays' lead with A$1bn tier two ◆ Aussie dollar investors 'positioning' into higher yielding debt before rate cuts ◆ Barclays also raises AT1 capital in the region

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