BNP Paribas SA
Indicative
Full Lot
Indicative price as of 06 Nov 2026, 4:03pm
Ask Yield to Worst
Bid Yield to Worst
Ask Yield to Maturity
Bid Yield to Maturity
Bond Issuer
BNP Paribas SA
Guarantor
-
Announcement Date
22 Feb 2018
Issue Date
01 Mar 2018
Maturity Date
01 Mar 2033
Years to Maturity / Next Call
6.312 / 1.309
Modified Duration
5.330 @ 06 Nov 2026
Issue / Reoffer Price
99.679
Issue / Reoffer Yield
4.415
Coupon Type
Variable
Annual Coupon Rate
4.375
Coupon Frequency
Semi Annually
Seniority
Subordinated
Capital Structure
Tier 2
Reference Rate
Reset Date: 01 March 2028 and every 5 years thereafter.
Reset Rated: USD 5 years swap rate+ Initial Margin (1.483%)
ISIN
US09660V2A05
CUSIP
09660V2A0
Bond Currency
USD
Total Issue Size
1,250,000,000
Min. Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Banks
Issuer Credit Rating (S&P/ Fitch)
***/ AA-
Bond Credit Rating (S&P/ Fitch)
***/ A-
Shariah Compliant
No
Exchange Listed
Others
Bail-in
Exercise of resolution powers including bail-in of capital instruments and eligible liabilities
The resolution authorities have the power to decide the placement in resolution and the exercise of the resolution powers at the point at which they determine that:
(a) the institution individually, or the group to which it belongs, as applicable, is failing or likely to fail, which includes situations where:
(i) the institution infringes/will in the near future infringe the requirements for continuing authorization in a way that would justify withdrawal of such authorization including, but not limited to, because the institution has incurred/is likely to incur losses depleting all or a significant amount of its own funds;
(ii) the assets of the institution are/will be in a near future less than its liabilities;
(iii) the institution is/will be in a near future unable to pay its debts or other liabilities when they fall due; or
(iv) the institution requires extraordinary public financial support.
(b) there is no reasonable prospect that a private action would prevent the failure; and
(c) a resolution action is necessary in the public interest.
The powers provided to resolution authorities in the BRRD include write-down/conversion powers to ensure that capital instruments, including additional tier 1 and tier 2 instruments (such as the Subordinated Notes), and eligible liabilities (including senior debt instruments, such as Senior Non Preferred Notes and Senior Preferred Notes) fully absorb losses in the situations described above (the “Bail-In Tool”). Accordingly, the BRRD contemplates that resolution authorities may require the write-down of such capital instruments and eligible liabilities in part or in full on a permanent basis, or convert them in part or in full into common equity tier 1 instruments.
Reset Date: March 1, 2028
Cash Flow Information