Ireland breaks order book record

Ireland_Fotolia_230x150
By Burhan Khadbai
07 Apr 2020

Ireland impressed on-looking supranational, sovereign and agency bond bankers on Tuesday as it received its largest ever order book for a syndication. It was not the only eurozone sovereign in the market as Cyprus printed seven and 30 year bonds.

Leads Bank of America, Barclays, Cantor Fitzgerald, Danske Bank, Goldman Sachs and JP Morgan priced a €6bn May 2027 bond for Ireland at a spread of mid-swaps plus 32bp, 3bp inside of guidance, with a yield of 0.242%.

The final book was at ...

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