BNP Paribas Australia returns to domestic market with its first deal since 2011 [UPDATED]

BNP Paribas Australian Branch (BNP Paribas Australia) (A+/A2/A+) priced a new five-year Australian dollar transaction on January 17, in the bank's first Australian domestic bond issue since May 2011 according to KangaNews data. BNP Paribas Australia was an active local borrower between mid-2009 and mid-2011, issuing a total of A$5.25 billion (US$5.54 billion) in eight deals, but has not returned to the market since.