Tuesday August 11, 2020

NTMA auction raises €3 billion on ten-year bond

Bond analysts dub Ireland “phoenix from the ashes"

7th January, 2016
The Nama building Pic: RollingNews.ie

The National Treasury Management Agency raised €3 billion today through the sale of a new 10-year bond at interest rates of 1.15 per cent.

The total order book amounted to more than €9 billion, with the overwhelming majority of demand coming from overseas investors, according to reports.

It marks yet another step on Ireland’s journey from crisis to comeback.

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