Ireland sells €1,250 million of bonds maturing in 2026 and 2045 by auction
9 March 2017 - The National Treasury Management Agency (NTMA) has today completed an auction of €1,250 million of the benchmark Irish Government bonds, 1% Treasury Bond 2026 and 2% Treasury Bond 2045.
Details are as follows:
| Bond | Maturity | Amount | Yield | Bids received | Cover |
|---|---|---|---|---|---|
| 1% Treasury Bond 2026 | 15 May 2026 | 850 million | 1.046% | 1,474 million | 1.7 |
| 2% Treasury Bond 2045 | 18 Feb 2045 | 400 million | 2.187% | 783 million | 2.0 |
With the completion of today's auction, the NTMA has issued €6.5 billion from its stated target range of €9 to €13 billion in the bond markets this year.