Ireland’s made an effective return to the bond markets.
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The National Treasury Management Agency announced the move this morning with a swap of bonds due to mature in the next two years and a sale of new money as an eight year loan.
It’s the first such sale in nearly two years, and follows from the successful bond auction of sort-term money earlier this month.
Speaking to Clare FM, Finance Minister Michael Noonan says he’s restricted from saying much until the auction closes later this afternoon.