Anglo Irish tenders for covered bonds

December 08, 2010 12:00 am

The primary benchmark market appears to have shut down for the remainder of the year, as even taps, for which syndicate officials said the market could be open this week, have failed to materialise. Meanwhile, Anglo Irish Bank Corp is offering to buy back, at par, around Eu168.13m of UK mortgage backed floating rate covered bonds denominated in euros and yen that are due to mature in 2012. Read EuroWeek to find out more about the Irish bank’s move.

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