Home > Financial > Ireland raises €1bn in dual bond sale

Ireland raises €1bn in dual bond sale

Written by Business World, on 11th Jul 2019. Posted in Financial

article headline

Ireland's debt agency raised 1 billion euros in a dual bond sale on Thursday, increasing its total issuance of benchmark bonds since the start of the year to 11.25 billion euros.

The National Treasury Management Agency said it sold 600 million euros of 2029 bonds at a yield of 0.136 percent, with demand 2.5 times supply. It also sold 400 million euros of 2033 bonds at a yield of 0.497% and demand 2.4 times supply.

The agency has set a target to raise 14 billion to 18 billion euros from bond issues this year. (Reuters)

Source: www.businessworld.ie

More articles from Financial

image Description

Irish Government publishes legislation on some business support schemes

Read more
image Description

Nearly half of Irish consumers delaying large purchases

Read more
image Description

Irish banks extending payment breaks

Read more
image Description

Irish Fiscal Advisory Council says austerity can be avoided with post-COVID caution

Read more
image Description

Local Authorities are now taking applications for €250m Restart Grant

Read more