Thursday 14 December 2017

BoI sells public bonds

BANK OF Ireland has sold the first public Irish bank bonds since April in a deal that is being viewed as a signal that the market is supportive of investments in Ireland's economy.

The bank, considered the least damaged of the country's big financial institutions, sold €750m of two-and-a-half-year Government-guaranteed bonds amid strong demand that helped increase the sale from the original €500m.

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