Rivals mock BofA but it gets year's biggest euro sub away

24 Mar 2006

Bank of America's hefty Eu1.75bn lower tier two capital issue proved the highlight in an otherwise lacklustre week in the European financial institution bond market.

The quiet market gave bankers plenty of time to scrutinise BofA's self-led transaction and sharpen their knives.

Whichever way you looked at it, they said, ...

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