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Result of Buyback of Ireland 4% Treasury Bond 2014

17 December 2013 – The National Treasury Management Agency (NTMA) has today completed a buyback of €4.102 billion of the Ireland 4% Treasury Bond maturing 15 January 2014. On foot of the buyback this amount will be cancelled and the nominal outstanding will decline from €6.848 billion to €2.746 billion.

Details of the buyback are as follows:

  • Buyback (Clean) Price: 100.2775
  • Buyback Bond Yield:  0.10% 
  • ISIN Code:             IE00B3KWYS29
  • Buyback Amount:    €4.102 billion
  • Settlement Date:     20 December 2013   
         

An NTMA spokesman said: “Today’s buyback of €4.102 billion leaves just €2.746 billion of the 2014 bond to be redeemed on 15 January 2014, considerably less than the almost €12 billion which had been outstanding at its peak.”

The NTMA spokesman also added: “As this buyback is a matter of timing and the nominal amount of the bond to be redeemed in January 2014 has declined, the Exchequer remains fully funded for all of 2014 and into the first quarter of 2015.”

For further information on Irish Government Bonds and the NTMA please visit www.ntma.ie