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Minister for Finance Michael Noonan T.D. welcomes NTMA Bond auction of €4 Billion
Today, the National Treasury Management Agency held a bond auction for a 20 year Irish Government bond. Total bids received today amounted to €10.75billion.
Commenting on today’s NTMA auction of 20 year bonds, Minister for Finance Michael Noonan T.D. said:
“I welcome the successful offer of this 20 year Irish bond by the National Treasury Management Agency. The price of 1.725% on this €4 billion issuance was very satisfactory. The receipt of bids of 10.75 billion is a further endorsement of Ireland’s position and standing in the market.”
“The NTMA has a full year target of raising between €9 billion and €13 billion. With this issuance the NTMA has raised about 35% of this target.“