Sunday May 31, 2020

Ireland's banks begin to exit emergency ward

As Ireland emerges from the care of its bailout masters, the banks that brought the nation to the brink of insolvency are also exiting the emergency ward.

20th November, 2013
The debt of lenders such as Bank of Ireland is now beating that of the sovereign as Ireland moves toward the end of its aid program next month.

As Ireland emerges from the care of its bailout masters, the banks that brought the nation to the brink of insolvency are also exiting the emergency ward.

AIB is selling €500 million of three-year securities as soon as today, its first senior unsecured benchmark bond since before the country entered its bailout program three years ago. Permanent TSB is completing a road show this week on a mortgage securitization, the first since 2007 by any...

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