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Goodbody named a primary dealer for Irish Government bonds

The NTMA said Goodbody brings the number of primary dealers to 15.
The NTMA said Goodbody brings the number of primary dealers to 15.

Goodbody has been named as a primary dealer for Irish Government bonds by the National Treasury Management Agency (NTMA) from Monday 19 June.

The primary dealers bid in issuance of Irish Government bonds and bills.

They are also market makers in Irish Government bonds on the major electronic trading platforms.

The NTMA said Goodbody brings the number of primary dealers to 15.

"Goodbody, based in Dublin, is already an active participant in the Irish Government bond market and the NTMA expects that its joining the Primary Dealer group will add to the depth and liquidity of the market and further enhance the profile of Irish Government bonds for investors," the NTMA said in a statement.

Sinead Mahon, Head of investment Banking, Goodbody said the move will enhance its position as an Irish investment firm and support its "ambitious growth plans".

"We are proud to have been recognised as a primary dealer which broadens our capability and overall debt capital markets offering for our domestic and international client base and is testament to the experience of our fixed income team," she added.