Ireland sells €1.5 billion of bonds maturing in 2029 and 2050 by auction
14 May 2020 – The National Treasury Management Agency (NTMA) has today completed an auction of €1.5 billion of the benchmark Irish Government bonds, 1.1% Treasury Bond 2029 and 1.5% Treasury Bond 2050.
Details are as follows:
| Bond | Maturity | Amount sold (million) | Yield | Bids received (million) | Cover Ratio |
|---|---|---|---|---|---|
| 1.1% Treasury Bond 2029 | 15 May 2029 | 850 | 0.043% | 1,941 | 2.3 |
| 1.5% Treasury Bond 2050 | 15 May 2050 | 650 | 0.792% | 1,087 | 1.7 |
With the completion of today’s auction, the NTMA has issued €12.5 billion of benchmark bonds in 2020.