Ireland sells €1,250 million of bonds maturing in 2023 and 2026 by auction
12 April 2017 - The National Treasury Management Agency (NTMA) has today completed an auction of €1,250 million of the benchmark Irish Government bonds, 3.9% Treasury Bond 2023 and 1% Treasury Bond 2026.
Details are as follows:
| Bond | Maturity | Amount | Yield | Bids received | Cover |
|---|---|---|---|---|---|
| 3.9% Treasury Bond 2023 | 20 March 2023 | 550 million | 0.202% | 1,010 million | 1.8 |
| 1% Treasury Bond 2026 | 15 May 2026 | 700 million | 0.936% | 1,126 million | 1.6 |
With the completion of today's auction, the NTMA has issued €7.75 billion from its stated target range of €9 to €13 billion in the bond markets this year.