The National Treasury Management Agency has repaid €11.6 billion to investors as its 1% 2026 Treasury Bond matures today.
This bond was first issued in January 2016 as a 10-year benchmark bond in a €3 billion syndicated transaction at a yield of 1.16%.
The yield reflected the low-interest rate environment of the time, supported by the ECB's quantitative easing measures, according to the NTMA.
The agency said this is the only benchmark bond that will mature this year.
The next benchmark bond maturity will be the 0.2% 2027 bond in May of next year. The current outstanding balance for this bond is €7.8 billion, the NTMA said.
The are a total of seven benchmark bonds set to mature from 2027 to 2031.
