LONDON (MNI) – Ireland’s National Treasury Management Agency (NTMA)
said it sold E3.461 billion of the 5.40% 2025 Treasury bond to the Irish
Bank Resolution Corporation (IBRC) at a price of 88.11 and yield 6.81%.
The total consideration for this transaction is E3.060 billion and
will be used to settle the promissory note liability due to IBRC on Mar
31, the NTMA said.
The bonds will issue and settle on Monday, April 2, added the NTMA.
Following the transaction, the amount outstanding of the 5.40% 2025
Bond will rise to E11.746 billion, according to the debt agency.
–London newsroom: 00 44 20 7862 7494; email: nshamim@marketnews.com
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