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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)
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