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Bank of Ireland tenders for up to €1bn of RMBS in potential capital-generating move

25 Nov 2011

Bank of Ireland has launched a tender for RMBS notes from Kildare Securities and Brunel No 1, which could see the troubled Irish lender book an immediate capital gain. It said it would not call either deal at the early redemption dates in Spring next year but simply allowing the bonds to run off does not add an immediate capital kicker.

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25 Nov 2011