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Published on 3/2/2011 in the Prospect News Liability Management Daily.

Bank of Ireland Mortgage Bank repurchases €45.5 million of notes

By Toni Weeks

San Diego, March 2 - Bank of Ireland Mortgage Bank plc repurchased €7.5 million of 4% mortgage-covered securities due July 5, 2013 and €38 million of 4.625% fixed-rate mortgage-covered securities due Sept. 16, 2014, according to a company notice filed with the Irish Stock Exchange.

Following the March 2 repurchases, €2,092,500,000 of 4% notes and €1,462,000,000 of 4.625% notes remain outstanding.

The paying agency is the Dublin branch of Citi Agency & Trust Services.

The issuer is a member of Dublin-based Bank of Ireland Group.


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