Ireland raises 300 million euro in second inflation-linked bond issue

DUBLIN: Ireland's debt agency said on Tuesday it raised 300 million euro through the placement of a new inflation-linked bond maturing in April 2045 at a negative real yield of -0.05 percent.

It was the second inflation-linked bond Ireland has issued after it raised 609.5 million euro in April 2017. The transaction was executed through Davy Stockbrokers after a number of enquiries from Irish investors.

"It shows our commitment to continued diversification of our issuance activity whenever we see opportunities to meet investor appetite that are consistent with our borrowing requirements," National Treasury Management Agency funding chief Frank O'Connor said in a statement.