Sunday March 29, 2020

Dutch bank ING drops out as primary dealer of Irish bonds

Outstanding value of Irish bonds at end of October was €125.5 billion

9th December, 2015
ING's is the first exit of an Irish primary dealer since 2009 Credit: Bloomberg

Dutch multinational banking and financial services firm ING has said it will drop out of the list of securities firms acting as primary dealers of Irish debt by the end of the year.

The company said that none of its other primary dealerships are affected.

It is the first exit of an Irish primary dealer since 2009. ING currently counts among 18 members of the National Treasury Management Agency list of primary dealers.

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