NTMA to hold Bond Auction on 10 July 2014

The National Treasury Management Agency has announced that it will hold a bond auction on Thursday, 10 July.

The auction will be conducted on the Bloomberg Auction System and will be confined to recognised primary dealers.

The details of the auction are as follows:

  • Bond to be auctioned: 3.40% Treasury Bond 2024
  • Auction size: €500 million
  • Auction opens: 8:00 a.m.
  • Auction closes : 10:00 a.m.
  • Settlement Date: 15 July 2014

A non-competitive auction for 15 per cent of the amount sold in the competitive auction will immediately follow and will close at 10:00 a.m. on Friday 11 July.

Please see the NTMA’s website www.ntma.ie for further details of the Primary Dealer System and bond issuance arrangements.