Lenihan: Bondholders will take hit

Minister for Finance Brian Lenihan has confirmed that bondholders at Anglo Irish Bank and Irish Nationwide will be made to share the pain of Ireland's banking debts.

Lenihan: Bondholders will take hit

Minister for Finance Brian Lenihan has confirmed that bondholders at Anglo Irish Bank and Irish Nationwide will be made to share the pain of Ireland's banking debts.

Mr Lenihan was responding to suggestions from the EU Commissioner on Economic and Monetary Affairs Olli Rehn that bondholders should take a hit in the ongoing banking negotiations.

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