AIB pays little for third euro holdco

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Senior Debt

AIB pays little for third euro holdco

Jasper Cox
May 21, 2019 02:15 PM
AIB_PA_230x150
03 December 2018, Ireland, Dublin: The lettering of the Irish commercial bank AIB (Allied Irish Banks) can be seen next to the entrance to the bank's head office. Photo: Christian Charisius/dpa | Christian Charisius/DPA/PA Images

Allied Irish Banks was able to pay a minimum new issue premium for its third home-currency senior bond issued from the holding company, as it builds up its debt for minimum requirements for own funds and eligible liabilities (MREL). HSBC was also issuing from its holding company on Tuesday, but in sterling.

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Jasper Cox
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