NTMA set for new fundraising move

Ireland is expected to raise long-term borrowing on the markets for the first time this week, write Cliff Taylor and Ian Kehoe.

10th March, 2013
John Corrigan of the NTMA.

Ireland is expected to raise long-term borrowing on the markets for the first time this week, in what would represent the most significant step yet taken by the state in its return to the financial markets.

The move would be the first time the state has issued a benchmark ten-year bond since it was forced to leave the bond market and accept an international bailout.

It is believed that the National Treasury Management Agency (NTMA)...

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