Bank of Ireland said it has raised €600m from the issuance of new additional tier 1 (AT1) bonds to institutional investors with an interest rate of 6.375%.
The bank reported strong demand for the securities with orders of about €2.85 billion and more than 250 investors participating.
These included AT1 specialists and core European and US investors.
"All in all, this is a significant vote of confidence by investors in Bank of Ireland and its progress over the last five years," Mark Spain, Chief Financial Officer at Bank of Ireland, said.
