Bank of Ireland circles back to euros for cheaper AT1

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Bank of Ireland circles back to euros for cheaper AT1

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A woman passes the closed entrance of the Bank of Ireland in Dubli, on June 26, 2013. | Rolf Haid/DPA/PA Images

Bank of Ireland has opened books on its second additional tier one (AT1) in just over three months, as it looks to top up its regulatory capital levels and take advantage of rising valuations for subordinated debt.

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