Barclays launches buy-back for T2 CoCos

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Barclays launches buy-back for T2 CoCos

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File photo dated 18/07/18 of a Barclays Bank in London. The bank's customers were left unable to make payments or check their balances on Monday morning as they struggled to log into their online banking services. | Ian West/PA

Barclays has invited holders of some of its legacy tier two bonds to exchange their notes for cash, as it looks to smarten up its debt capital structure.

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