Ireland sells €1000 million of bonds maturing in 2026 and 2037 by auction
14 September 2017 - The National Treasury Management Agency (NTMA) has today completed an auction of €1000 million of the benchmark Irish Government bonds, 1% Treasury Bond 2026 and 1.7% Treasury Bond 2037. Details are as follows:
| Bond | Maturity | Amount sold (m) | Yield | Bids received (m) | Cover Ratio |
|---|---|---|---|---|---|
| 1% Treasury Bond 2026 | 15 May 2026 | 550 | 0.689% | 1405 | 2.55 |
| 1.7% Treasury Bond 2037 | 15 May 2037 | 450 | 1.648% | 781 | 1.74 |
With the completion of today's auction, the NTMA has issued €10.5 billion benchmark bonds, from its stated target range of €9 to €13 billion in the bond markets this year.