Introduction of T+2 settlement for Irish Government Bonds from 6 October 2014

29 September 2014 - The National Treasury Management Agency (NTMA) announces that Ireland will extend the introduction of T+2 as the standard settlement period in over-the-counter (OTC) secondary markets to primary market issuance, excluding syndicated transactions, in Irish government bonds with a trade date on or after 6 October 2014.

The Regulation on Securities Settlement and Central Securities Depositories (CSDR), adopted by the European Parliament on 15 April 2014, provides for the harmonisation of the settlement period for transferable securities executed on trading venues across Europe at a maximum of two business days after the trade took place (T+2).

As previously announced Ireland, along with the debt managers of the other 27 EU Member States, is implementing T+2 as the standard settlement period for OTC secondary market transactions in government bonds as of 6 October 2014. Ireland has now decided to apply the T+2 settlement period to primary market issuance, excluding syndicated transactions, as of 6 October 2014.

For further information on Irish government bonds please refer to https://www.ntma.ie

Latest News
9 October 2025

Ireland sells €1.5 billion of bonds maturing in 2034 and 2055 by auction

Read More
6 October 2025

NTMA to hold scheduled bond auction on 9th October 2025

Read More
1 October 2025

NTMA Auction Schedule for Quarter 4, 2025

Read More
26 September 2025

NTMA Institutional Investor Presentation, September 2025

Read More
11 September 2025

Ireland sells €1.5 billion of bonds maturing in 2034 and 2043 by auction

Read More
8 September 2025

NTMA to hold scheduled bond auction on 11th September 2025

Read More