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NTMA notes Ireland’s progress in returning to markets

The National Treasury Management Agency says Ireland is making considerable progress in its phased return to the markets.

The NTMA raised 2.5 billion euro in a sale of 5 year bonds yesterday at an interest rate of 3.3 per cent.

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The agency plans to step up its investor re-engagement this year to ensure Ireland is positioned to exit the bailout deal.

However the NTMA Chief Executive John Corrigan says a failure to secure a banking debt deal – would not help that process.

 

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