Ireland raises €2 billion through the syndicated tap of the 2043 Irish Sovereign Green Bond
- Ireland raises €2 billion through the syndicated tap of the 2043 green bond
- Funds raised at a yield of 3.642%
- Almost 70% of mid-point of €10 billion to €14 billion bond funding range complete
13 May 2026 - The National Treasury Management Agency (NTMA) today raised €2 billion through the syndicated tap of the existing 2043 Irish Sovereign Green Bond.
The funds were raised at a yield of 3.642%.
There was strong demand for today’s transaction from a well-diversified investor base. The total order book of over €35 billion included 235 individual accounts.
The largest distribution was to the UK at 17%, closely followed by German, Austrian and Swiss investors at 15%. Benelux investors took 14% and Italian investors 12%. The domestic investor base accounted for 8%. Iberian investors bought 8%, France 7%, and the Nordics took 6%. Other European geographies took 4%, and investors from the rest of the world 9%.
The main investor categories were banks at 40%, followed by insurance and pension companies at 22%, fund managers 18%, central bank/official institutions at 17% and hedge funds 3%.
NTMA Director of Funding and Debt Management Dave McEvoy said:
“Today’s transaction adds further liquidity to our 2043 green bond, first issued in January 2023, and demonstrates our continued commitment to the green bond market.
Investor appetite for Irish Government bonds remains strong, and we have now raised almost 70% of the mid-point of our €10 billion to €14 billion bond funding range for the year. This leaves us well positioned heading into the second half of 2026”.
The original version of this press release was subsequently updated to include the press release issued by the joint lead managers for the transaction termsheet.