Ireland Raise €1bn in Bond Auction
Published June 16th, 2009
Ireland’s National Treasury Management Agency raised €500 million each of the 2012 and 2016 bonds, the top of its €750 million to €1 billion range, and auctioned €500 million of 3.9 per cent notes maturing in 2012 to yield an average of 3.056 per cent, and €500 million of 4.6 per cent securities due 2016 to yield 4.755 per cent.
The Irish government has so far raised over €14 billion of the €25 billion in debt it has earmarked this year to help plug a budget deficit.
