Ireland to issue first new benchmark bond since bailout

Ireland is to issue its first new benchmark 10-year bond since its EU/IMF bailout in the “near future”, its debt agency said, a landmark on its route to becoming the first bailed-out euro zone country return to full market funding.

The National Treasury Management Agency (NTMA), which began borrowing again from capital markets last year, had earmarked a new benchmark issue as its most significant step towards a full market return ahead of regular bond auctions later this year.

via Business feed http://www.scmp.com/business/economy/article/1189764/ireland-issue-first-new-benchmark-bond-bailout