Bank of Ireland raises €750m from sale of mortgage-backed debt

Seven-year bond attracts yield for investors of 0.694%

 Bank of Ireland claimed  there was high quality investor demand for the bond

Bank of Ireland claimed there was high quality investor demand for the bond

Bank of Ireland said on Wednesday it raised €750 million following a debt sale issued by the bank’s mortgage division.

The seven-year secured funding is secured by a pool of Irish residential mortgages in an instrument traditionally known as a mortgage-backed security.

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