BoI comes back for more

Bank of Ireland returns to the region with its second global ACS deal. Hitting the 10-year part of the euro curve may prove a challenge.

Bank of Ireland concludes a week of regional investor presentations today as it seeks to sell its second benchmark ACS or covered bond transaction. It is marketing a 10-year deal with a size of between Eur1.5 billion and Eur2 billion. The deal is lead arranged by Barclays Capital and lead managed by Barclays, Ixus, Dresdner and Davy Stockbrokers.

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