Ireland returns to 10-year bond markets
The National Treasury Management Agency has announces Ireland's return to the 10-year bond markets.
The agency has hired a group of banks to manage the sale of the new 10-year benchmark bond.
The NTMA said Barclays, Citi, Danske Bank, Davy, Deutsche Bank and Morgan Stanley will be joint lead managers for the new euro-denominated issue.
They said: "The syndicated transaction is expected to be launched and priced in the near future, subject to market conditions."
If it goes ahead, it marks Ireland's first debt sale since it exited the Troika bailout programme at the end of 2013.
There is speculation that bonds could be issues as early as tomorrow if there is high enough demand.
