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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 2/7/2011 in the Prospect News Liability Management Daily.

Lloyds TSB Bank buys back £2 billion floating-rate covered bonds

By Melissa Kory

Cleveland, Feb. 7 - Lloyds TSB Bank plc said that it repurchased its £1 billion of series 2008-1 floating-rate covered bonds due Aug. 11, 2011 and its £1 billion of series 2008-2 floating-rate covered bonds due Aug. 5, 2012.

Following the repurchases, none of the notes remain outstanding.

The retail bank is based in London and Edinburgh, Scotland.


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