By Emese Bartha


Ireland issued 3 billion euros ($3.29 billion) in new October 2034-dated government bonds via a bank syndicate on Thursday, garnering strong demand, one of the lead manager banks said.

Books for the new issue closed in excess of EUR44 billion, including EUR4.1 billion joint lead manager demand, the same bank said. The spread on the new issue was set 1 basis point above midswap, it said.

The bond has a 2.60% coupon and it was priced at 99.535, at a yield of 2.651%, the same bank said.

Bookrunners of the transaction were Barclays, BNP Paribas, Cantor Fitzgerald Ireland, Citi, Danske Bank and J.P. Morgan.


Write to Emese Bartha at emese.bartha@wsj.com


(END) Dow Jones Newswires

01-11-24 0739ET