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/IRELAND (DEAL RE-CAP):...........>

EUROZONE ISSUANCE
MNI (London)
EUROZONE ISSUANCE: /IRELAND (DEAL RE-CAP): ***Ireland priced E4bln syndicated
new 5-year benchmark at MS-24bps earlier Wednesday, equating to 29.7bps vs
OBL176. 
- Reoffer price 100.04, yield -0.008%, coupon is 0.00%. 
- The NTMA confirmed a total order book of over E10bln, included 97 individual
accounts. 
- INVESTOR BREAKDOWN: Asset managers (36%), banks and intermediaries (35%),
hedge funds (17%), official institutions (9%), insurers (3%).
- GEOGRAPHICAL BREAKDOWN: Overseas investors took over 85%, including the U.K.
(26%), France (17%), US (13%), Germany/Austria/Switzerland (11%) other Europe
(11%), Nordics (7%), Other (1%). Ireland took 14%.
- The syndication is linked to the planned early repayment of loans from the
IMF, Sweden and Denmark, confirmed the NTMA.
- LEADS: BNPP, Citi, Davy, GSIB, NatWest Markets, SGCIB

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