Ireland Sells EUR3.5 Billion in New 10-Year Government Bond - Update

By Emese Bartha

Ireland raised 3.5 billion euros ($4 billion) in a new 10-year, October 2032-dated government bonds, issued via a syndicate of banks Thursday, said one of the banks managing the deal.

Books for the new 10-year bond closed in excess of EUR27 billion, including EUR3.6 billion joint lead manager interest, said the same bank.

The spread on the bond was set 1 basis point above mid-swap. The new bond has a 0.35% coupon, and it was priced at 99.612, at a yield of 0.387%, said the same bank.

Bookrunners of this transaction are BNP Paribas, Cantor Fitzgerald Ireland, Citi, Danske Bank, J.P. Morgan and Morgan Stanley.

Write to Emese Bartha at [e-mail]

(END) Dow Jones Newswires

01-13-22 1035ET