NTMA issues Ireland's first 100-year note
30 March 2016 - The National Treasury Management Agency (NTMA) announces that it has issued Ireland's first 100-year note.
The NTMA issued the €100 million note, maturing in 2116, at a yield of 2.35%. It was sold by private placement via two of the NTMA's primary dealers, Goldman Sachs International Bank and Nomura International plc.
Speaking today, NTMA Director of Funding and Debt Management Frank O'Connor said: "This ultra-long maturity is a significant first for Ireland and represents a big vote of confidence in Ireland as a sovereign issuer."
ENDS
Note to Editors:
Notes are issued under Ireland's Euro Medium Term Note Programme dated 6 October 2015. The Programme provides a structure to create debt instruments to specific maturities which are sold on a placement basis rather than through the auction or syndication process.