Banks flock to markets with popular 'opportunistic' tier two issuance

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Banks flock to markets with popular 'opportunistic' tier two issuance

◆ Issuers add tier two debt amid lower relative cost to senior layer ◆ Danske Bank prints in euros at no premium as Nordea said to have garnered largest size locally ◆ BNPP, HSBC and Westpac target dollar market

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