Deals from Toronto-Dominion Bank (TD Bank) and BNP Paribas continued the recent run of global financial institution (FIs) issuance in Australian dollars. Lead managers say higher-yielding product from global borrowers is proving attractive to investors in a rallying but low-rates market, to the extent that BNP Paribas was even able to print a rare additional tier-one deal from a non-Australian issuer.
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