Statement in relation to Irish Amortising Bonds

20 August 2012 – Following the publication of a revised Funding Standard by The Pensions Board on 7 June 2012, the National Treasury Management Agency (NTMA) has received investor enquiries in relation to the issuance of Irish Amortising Bonds.

As a result the NTMA plans to issue amortising bonds, subject to market conditions, in the near future.

As outlined in the Irish Amortising Bonds Information Memorandum of July 2012 and following further market consultation, the NTMA will initially issue amortising bonds with maturities of 15, 20, 25, 30 and 35 years.

The NTMA will issue the amortising bonds through its recognised Primary Dealers in Irish Government Bonds. Further details will be announced at the time of issuance.