The Offering Circulars for the Floating Rate Notes are available on the NTMA website at http://www.ntma.ie/business-areas/funding-and-debt-management/government-bonds/. These outline the individual interest rate applied to each FRN.
The nominal outstanding of the FRNs is now €23.034bn and not €25bn.
The interest rates applied range from 6-mth Euribor +253bps to +268bps. 6-mth Euribor today is -3.9bps.
The 6-month Euribor is reset every 6 months. The last coupons fixed on 16th June were reset on 18th June. 6-mth Euribor was +5.1bps on 16th June. The coupons will fix at 6-mth Euribor on 16th December for reset on 18th December.