Ireland seeking to sell 3-4 billion euros of 10-year debt - source

By Kitco News / January 02, 2018 / www.kitco.com / Article Link

DUBLIN, Jan 2 (Reuters) - Ireland's debt agency mandated dealers on Tuesday to issue a new 10-year bond in a syndicated sale a market source said would likely raise between 3 and 4 billion euros, around a quarter of this year's funding needs.

The National Treasury Management Agency (NTMA) said last month it would issue between 14 and 18 billion euros of long-term debt in 2018, including at least one syndicated deal. Citi, Danske Bank, Davy Stockbrokers, J.P. Morgan, Morgan Stanley and Nomura were appointed as joint lead managers for the deal, the NTMA said in a statement.


(Reporting by Padraic Halpin; editing by John Stonestreet)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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