Advertisement
UK markets closed

  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     

  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     

  • CRUDE OIL

    85.34
    -0.07 (-0.08%)
     

  • GOLD FUTURES

    2,407.30
    +24.30 (+1.02%)
     

  • DOW

    37,896.55
    +161.44 (+0.43%)
     

  • Bitcoin GBP

    50,912.46
    -489.22 (-0.95%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • NASDAQ Composite

    15,913.72
    +28.70 (+0.18%)
     

  • UK FTSE All Share

    4,260.41
    -78.49 (-1.81%)
     
Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Ireland sets terms at 3.75bn, mid-swaps +102bp for May 2030 bond

Reuters - UK Focus

By Michael Turner

LONDON, Nov 4 (IFR) - The Republic of Ireland (Other OTC: IRLD - news) has set final terms of 3.75bn at mid-swaps plus 102bp for its May 2030 bond, according to a lead banker.

Investor (Other OTC: IVSBF - news) demand for the deal reached 8.4bn, including 1.065bn orders from the lead banks.

Initial price thoughts on the deal started at 105bp to 110bp over mid-swaps, before guidance was set at 105bp area.

Citigroup (NYSE: C - news) , Danske Bank (Other OTC: DNSKY - news) , Davy, Morgan Stanley (Xetra: 885836 - news) , Nomura and RBS (LSE: RBS.L - news) are arranging the Reg S issue. Pricing is expected later on Tuesday.

Ireland is rated Baa1 (stable) by Moody's, A- (positive) by Standard & Poor's and A- (stable) by Fitch. (Reporting By Michael Turner; editing by Alex Chambers)