Bond sale helps steer shares up

It was a very positive day on the home front yesterday as the NTMA issued a new 10 year bond.

The new benchmark Treasury Bond March 2024 raised €3.75bn. This demonstrates a global appetite for Irish sovereign debt and a full return to the market for the country.

The ISEQ closed on 4,682.16 up 86.57.

Permanent TSB & AIB both added 0.5c closing on 5.5c and 12.2c, while Bank of Ireland tracked on 28.1c, up 2.2c. Insurer FBD holdings finished on €17.395 up 9.5 cent.

It was a more mixed day in the construction sector as market leader CRH added 17c to finish on €19.15, while Kingspan closed down 18c to finish on €13.45.