Ireland sells 2032, 2037 bonds at yields of 3.13% to 3.37%

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBLIN, March 9 (Reuters) - Ireland sold 1.25 billion euros of bonds maturing in 2032 and 2037 at auction on Thursday at yields of 3.133% to 3.37%, bringing the total raised in 2023 to 4.75 billion euro. The National Treasury Management Agency in December said it plans to raise just 7 billion to 11 billion euros this year thanks to a relatively low level of maturing debt and a large projected budget surplus. Ireland raised 3.5 billion euros from the sale of a new 20-year green bond in January.


BONDS MATURING 2032 09/03/2023 01/09/2022
SALE AMOUNT 450 mln eur 350 mln eur BID-TO-COVER 3.2 2.23 AVERAGE YIELD 3.133% 2.216% BONDS MATURING 2037 09/03/2023 10/03/2022 SALE AMOUNT 800 600 mln eur BID-TO-COVER 2.52 2.03 AVERAGE YIELD 3.37% 0.984%
($1 = 0.9965 euros) (Reporting by Graham Fahy)

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