Bank of Ireland to Redeem £50m Callable Notes a Year Early

Bank of Ireland Group plc has announced it will redeem its £50 million Fixed Rate Reset Callable Notes a year early, on June 3, 2026, instead of the original due date of June 3, 2027. The notes will be redeemed at their optional redemption amount plus accrued interest, after which they will be cancelled and delisted from Euronext Dublin. This decision reflects the bank's active capital management and may indicate confidence in its funding sources and overall capital position.