Allied Irish Banks makes private debut under new GG scheme but investors still nervous

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Allied Irish Banks makes private debut under new GG scheme but investors still nervous

Issue: 1142 - 19 February 2010

Keywords: MTNs, medium term notes, private placements, Bank of ireland, allied Irish banks, AIB, BoI, irish government guarantee

Allied Irish Banks issued its first private placement under the updated Irish government guarantee scheme this week and Bank of Ireland sold a lightly structured note under the guarantee, but dealers say that dented investor confidence is hampering sales of the product. ..

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