Bank of Ireland (IRE) plans to return to the public debt markets after a 2-year hiatus with a...

|By:, SA News Editor

Bank of Ireland (IRE) plans to return to the public debt markets after a 2-year hiatus with a €500M sale of 3-year covered bonds. Amidst widening net interest margins (eat your hats U.S. banks) and lower loan losses, the bank appears to be nearing the end of needing government support. Shares +2.8% in London.