UPDATE 3-Lloyds offers investors deal to swap bonds, cash out
* Lloyds to swap up to £5 bln of bonds from institutions * Bank offers to cash to retail investors for their bonds * Bonds helped save Lloyds in 2009, but capital rules have shifted * Lloyds to take £1 bln charge, saves on interest payments By Aimee Donnellan and Steve S
Read more