AIB launches bond exchange programme

Allied Irish Bank has launched a bond exchange programme which analysts say could contribute up to €400m towards its hunt for fresh capital, a statement said.

AIB launches bond exchange programme
Mon, 15 Mar, 2010 - 16:28

Allied Irish Bank has launched a bond exchange programme which analysts say could contribute up to €400m towards its hunt for fresh capital, a statement said.

AIB and Bank of Ireland have been buying back cheap debt to raise capital which will be depleted by the creation of "bad bank" Nama

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