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Ireland raises €1B in return to bond auctions

Mar. 13, 2014 12:29 PM ETiShares MSCI Ireland ETF (EIRL)EIRLBy: Stephen Alpher, SA News Editor
  • It's first bond auction since September 2010, Ireland sold 10-year notes priced to yield 2.967%, the lowest on record for 10-year paper. Ten-year U.S. Treasury notes at 2.66% yield only 30 basis points less!
  • The country's National Treasury Management Agency did raise 10-year money in January, but that was through banks, rather than an auction.
  • ETFs: EIRL

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