Ireland has extended its curve out to 2119 by placing its second century bond, three years after it sold its first in the tenor. Century and ultra-long dated bonds have seen a resurgence of interest this year as issuers look to lock in low interest rates at long dated maturities.
Irelandplaced a €105m 1.425% September 2119 bond on Wednesday. Deutsche Bank ran the deal. The issue price was undisclosed.
“This is a nice deal for lots of people,” said the banker. “I think it might have gone into Germany — they are the ones who are