Ireland sells €1,250 million of bonds maturing in 2022 and 2026 by auction
9 February 2017 - The National Treasury Management Agency (NTMA) has today completed an auction of €1,250 million of the benchmark Irish Government bonds, 0.8% Treasury Bond 2022 and 1% Treasury Bond 2026.
Details are as follows:
| Bond | Maturity | Amount | Yield | Bids received | Cover |
|---|---|---|---|---|---|
| 0.8% Treasury Bond 2022 | 15 March 2022 | €600m | 0.088 | 1,173 million | 2.0 times |
| 1% Treasury Bond 2026 | 15 May 2026 | €650m | 1.026 | 1,326 million | 2.0 times |
With the completion of today's auction, the NTMA has issued €5.25 billion from its stated target range of €9 to €13 billion in the bond markets this year.