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# slo - Friday 2 December, 2011

Noonan scraps BoI bond-burning plan after bank reaches stress test target

Bank of Ireland raises €350m by buying back capital securities – meaning there is no need to write down its junior bonds.

# slo - Wednesday 23 November, 2011

Noonan mulls burning Bank of Ireland's junior bondholders

Finance Minister Michael Noonan says he is considering writing down some subordinated liabilities by up to 100 per cent.