10/03/2014
NTMA To Hold Bond Auction
The National Treasury Management Agency (NTMA) has announced it will hold a bond auction on Thursday 13 March, the first such auction since 21 September 2010.
NTMA Chief Executive John Corrigan said: "The resumption of scheduled bond auctions builds on the phased re-entry to the capital markets achieved by the NTMA over the past two years and marks the full normalisation of Ireland’s presence in the markets."
The details of the bond auction on 13th March are as follows:
• Bond to be auctioned: 3.40% Treasury Bond 2024
• Auction size: €1,000 million
• Auction opens: 8:00 am
• Auction closes: 10:00 am
• Settlement Date: 18 March 2014
The auction will be conducted on the Bloomberg Auction System and will be confined to recognised primary dealers.
A non-competitive auction for 15 per cent of the amount sold in the competitive auction will immediately follow and will close at 10:00 on Friday 14 March.
(CD/IT)
NTMA Chief Executive John Corrigan said: "The resumption of scheduled bond auctions builds on the phased re-entry to the capital markets achieved by the NTMA over the past two years and marks the full normalisation of Ireland’s presence in the markets."
The details of the bond auction on 13th March are as follows:
• Bond to be auctioned: 3.40% Treasury Bond 2024
• Auction size: €1,000 million
• Auction opens: 8:00 am
• Auction closes: 10:00 am
• Settlement Date: 18 March 2014
The auction will be conducted on the Bloomberg Auction System and will be confined to recognised primary dealers.
A non-competitive auction for 15 per cent of the amount sold in the competitive auction will immediately follow and will close at 10:00 on Friday 14 March.
(CD/IT)
Related Irish News Stories
Click here for the latest headlines.
09 March 2015
NTMA To Hold 30-Year Bond Auction
The National Treasury Management Agency (NTMA) is to hold a bond auction later this week. The organisation will auction €1bn of 30-year debt on Thursday (12 March). It is only the second time Ireland has carried out the above. The first 30-year bond sale was last month.
NTMA To Hold 30-Year Bond Auction
The National Treasury Management Agency (NTMA) is to hold a bond auction later this week. The organisation will auction €1bn of 30-year debt on Thursday (12 March). It is only the second time Ireland has carried out the above. The first 30-year bond sale was last month.
14 March 2024
'Plan Ahead' For St Patrick's Day Events This Weekend
Belfast City Council has outlined traffic and travel arrangements ahead of this Sunday's St Patrick's Day event in Belfast. A number of traffic diversions will be in place in and around Belfast city centre. Visitors and participants are advised to plan their journey in advance and leave extra time to travel to and from the city centre.
'Plan Ahead' For St Patrick's Day Events This Weekend
Belfast City Council has outlined traffic and travel arrangements ahead of this Sunday's St Patrick's Day event in Belfast. A number of traffic diversions will be in place in and around Belfast city centre. Visitors and participants are advised to plan their journey in advance and leave extra time to travel to and from the city centre.
22 September 2010
Ireland Now Paying €15m In Interest
Despite yesterday's sale of €1.5bn in government bonds, the Opposition has pointed out Ireland is still paying €15million per year extra in interest. The National Treasury Management Agency announced yesterday it had secured €1.5bn from Irelands debt sale during yesterday's auction despite being in the throws of a hostile international market.
Ireland Now Paying €15m In Interest
Despite yesterday's sale of €1.5bn in government bonds, the Opposition has pointed out Ireland is still paying €15million per year extra in interest. The National Treasury Management Agency announced yesterday it had secured €1.5bn from Irelands debt sale during yesterday's auction despite being in the throws of a hostile international market.
17 January 2012
Euro Stability Bond Auction 'Successful'
An auction by the authority overseeing Euro recovery has announced it has attracted €4.6 billion in bids despite being credit downgraded hours beforehand. On Tuesday, the European Financial Stability Facility (EFSF) held a six-month auction on it's current holdings, which they said had been met with "very strong demand".
Euro Stability Bond Auction 'Successful'
An auction by the authority overseeing Euro recovery has announced it has attracted €4.6 billion in bids despite being credit downgraded hours beforehand. On Tuesday, the European Financial Stability Facility (EFSF) held a six-month auction on it's current holdings, which they said had been met with "very strong demand".
27 July 2012
McGrath Welcomes NTMA Bond Sale But Urges Caution
Fianna Fáil Spokesperson on Finance, Michael McGrath TD, has welcomed today's €5 billion NTMA bond sale but urged caution in interpreting the results.
McGrath Welcomes NTMA Bond Sale But Urges Caution
Fianna Fáil Spokesperson on Finance, Michael McGrath TD, has welcomed today's €5 billion NTMA bond sale but urged caution in interpreting the results.