merrion street

Todays's successful sale at yield of 0.7% and a cover of 3 times is an excellent result and marks a significant improvement on the previous yields of 1.8% in July. This results builds upon the NTMA's return to markets this summer and once again highlights the improvement in market sentiment towards Ireland. It is clear that the markets are reacting very positively to the June 29th commitment and positive developments in Europe.