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Ireland marketing 30-year euro bond at mid-swaps + high 90s

Reuters - UK Focus

By Helene Durand

LONDON, Feb 3 (IFR) - The Republic of Ireland (Other OTC: IRLD - news) has started marketing a new 30-year euro bond at initial price thoughts of mid-swaps plus high 90s according to a lead.

The sovereign, rated Baa1/A/A-, appointed Barclays (LSE: BARC.L - news) , Citigroup (NYSE: C - news) , Credit Agricole CIB, Danske Bank (Other OTC: DNSKF - news) , Davy and Royal Bank of Scotland on Monday to act as joint-lead managers for the benchmark-sized trade.

The transaction is expected to be priced later on Tuesday. (Reporting by Helene Durand; Editing by Alex Chambers)