NTMA to sell 2017 bond in "massive step"

UPDATE: The National Treasury Management Agency said it will seek to raise money through a syndicated tap of its 2017 Treasury Bond “in the near future, subject to market conditions.”

7th January, 2013
The sale will “mark a massive step in Ireland’s long process of fully regaining long term bond market access, and fully normalising its primary market issuance, in 2013,” said one analyst.

The National Treasury Management Agency said it will seek to raise money through a syndicated tap of its 2017 Treasury Bond “in the near future, subject to market conditions.”

The sale will “mark a massive step in Ireland’s long process of fully regaining long term bond market access, and fully normalising its primary market issuance, in 2013,” said Owen Callan, an analyst with Danske Bank.

The debt issue could raise at...

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