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NTMA Chief Executive John Corrigan (left) and Minister for Finance Michael Noonan TD speak outside Treasury Building. Sam Boal/Photocall Ireland

Ireland’s post-bailout return to the bond markets raised €3.75 bn

Demand for the 10-year benchmark bond amounted to €14 billion.

Updated 15.03pm

THE IRISH GOVERNMENT has dipped into the bond market for the first time since the bailout exit last month, raising €3.75bn.

Ireland’s bond yields have now fallen to levels not seen since before the 2008 financial crisis, currently at 3.543 per cent.

Demand for the sale amounted to four times the value of the bond at €14 billion, and attracted interest from 400 fund managers, pension funds, insurance companies, banks and other investors, the National Treasury Management Agency (NTMA) said.

In a statement, NTMA Chief Executive John Corrigan. said today’s sale demonstrated that international and domestic markets “recognise the enormous progress Ireland has made”.

Today’s transaction is a real success that cements Ireland’s return to the international debt markets and provides a strong platform for bond auctions in 2014.

The NTMA announced yesterday that it had appointed Barclays , Citi Bank, Danske Bank, Deutsche Bank, Morgan Stanley and Davy Stockbrokers to manage the benchmark transaction.

Originally published 10.45am

Read: ‘Falling bond yields butter no parsnips’: 8 winners, 8 losers and 4 we couldn’t decide on from 2013 >

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    Mute Clive Hand
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    Nov 30th 2014, 7:20 PM

    Quad core but in a speed test against iPhone 6 and HTC M8 the IPhone 6 came out on top followed by the HTC M8 followed by the Samsung. Very surprised that IPhone was quickest.

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    Mute Jason Bourne
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    Nov 30th 2014, 7:46 PM

    So was the iphone..

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    Mute James Lyons™
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    Nov 30th 2014, 7:59 PM

    In fairness the M8 was out months ago. Whatever HTC has to succeed the M8 will be quicker than iPhone 6 and iPhone 6s will be quicker again and so on!

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    Mute Dara O'Brien
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    with the smart watches coming online, Devices like this will become more popular.

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    Mute Unfortunately
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    Nov 30th 2014, 8:05 PM

    It’s great phone but I have test device at work and iPhone 6 plus beats it in one aspect for sure – battery life. While note 4 has it decent, ip 6 plus battery is just best.

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    Mute Daniel Murray
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    Mute James O Donoghue
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    Dec 1st 2014, 12:48 AM

    I’m on my note 4 alot and I assure you the battery lasts longer. Plus the ultra power save can make it go about 20 days on one charge.

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    Mute Anthony Carroll
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    Dec 1st 2014, 3:47 AM

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    Mute Kevin O'Donnell
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    Nov 30th 2014, 11:41 PM

    Had a Note 2 for the last 2 years and about to crack open the new Note 4. Can’t wait. Many ppl have questions around the size but it’s easy to hold (I kept dropping iPhones) and fits well in my pocket. The size makes itgreat towatch netflix or youtube on. Apple have cottened on to it now too with the 6 and 6plus. I used the stylus quite a bit on the 2…. written notes, shopping lists and screen shots mainly. Overall truly an awesome phone and highly recommended.

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    Mute James O Donoghue
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    Dec 1st 2014, 12:51 AM

    Worth it kev. Mine fits in pocket does not bend.

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    Mute Byyys
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    Nov 30th 2014, 7:25 PM

    Quinton did you get my text a while back? It’s being a while…

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    Mute Maureen Stanford
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    Nov 30th 2014, 11:47 PM

    Thanks James for a sensible answer

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    Mute Maureen Stanford
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    Nov 30th 2014, 10:29 PM

    P S I have an apple I pad

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    Mute James Lyons™
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    Nov 30th 2014, 11:24 PM

    It’s working fine on mine. Maybe try uninstall then reinstall the app. You’ll probably have to log in again

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    Mute Sadie O'Leary
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    Dec 2nd 2014, 1:26 AM

    Got my note4 on Saturday and have to say I’m extremely pleased with it :)

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    Mute James O Donoghue
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    Dec 2nd 2014, 1:09 PM

    You will never go back to apple :)

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    Mute Maureen Stanford
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    Nov 30th 2014, 10:28 PM

    My face book is gone has any one else got this problem

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