FIRST National Building Society has issued a £55 million bond in a further fund-raising move. The bond is denominated in Irish pounds, carries a 7.25 per cent coupon and is due in October 2000. Also yesterday the National Treasury Management Agency tapped the market for £75 million in its 2000 stock, taking advantage of the recent recovery in the market. It raised the funds at an average rate of 7.04 per cent.
First National issues bond
FIRST National Building Society has issued a £55 million bond in a further fund-raising move
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