London-based Barclays Capital, has been recognised by the National Treasury Management Agency (NTMA) as a primary dealer in Irish Government bonds.
The NTMA is confident that the recognition of Barclays as a primary dealer will not only heighten the profile of Irish Government bonds for investors in the euro area bond market but also that additional impetus will be given to the market for Irish Government bonds on the EuroMTS electronic trading platform.
The recognition of Barclays Capital brings the number of primary dealers to eight
The other seven primary dealers are: ABN AMRO, London; AIB Capital Markets, Dublin; Credit Agricole Indosuez, Paris; Davy Stockbrokers, Dublin; Deutsche Bank, Frankfurt; NCB Stockbrokers, Dublin; and Schroder Salomon Smith Barney, London.
The primary dealers bid in a competitive auction of Irish Government bonds each month and make a two way market in the bonds at all times. |
