Boi First to Pass On Ecb Rate Increase

Daily MailJune 15, 2007

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Summary


BANK OF IRELAND has become the first of the big mortgage lenders to pass on last week's hike in euro zone rates to borrowers. It says that it is putting its rates up by the full 0.25pc by which the European Central Bank raised its base rate.

The bank's standard variable home loan rate will now be 5.09pc and its investment variable rate home loan will be 5.59pc.

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Boi First to Pass On Ecb Rate Increase

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