council decis june chang tranch commun loan variabl fix rate interest eec council european commun regard treati establish european econom commun regard council regul eec februari commun loan paragraph articl articl thereof regard propos commiss purpos consult monetari committe council decis eec march commun loan favour italian republ ireland commiss author conclud behalf commun seri borrow oper form packag includ variabl interest rate loan million year syndic bank provid articl borrow made interest commun member state benefit decis chang commun loan variabl fix rate interest council author commiss initi negoti end negoti made fund oper amount million subject decis eec eec negoti led possibl carri fix interest borrow oper million tranch variabl interest rate loan repay juli commun initi financi term loan ireland italian republ alter adopt decis articl commiss author exercis prepai tranch million variabl interest rate bank loan refer articl decis eec measur end articl commiss author action execut document proper desir conclud behalf commun public issu unit state note denomin dollar underwritten invest bank firm major term gt pic file quot quot gt rate interest public issu price fix agreement commiss agent design underwrit oj oj oj oj articl commiss author conclud agreement behalf commun ireland italian republ repay member state portion proce variabl interest rate bank loan repaid commun lend ireland italian republ thirteenth ten thirteenth proce borrow oper carri accord articl currenc term oper articl econom polici condit observ italian republ laid decis eec amend decis eec council decis eec march lai econom polici condit observ ireland remain forc articl financi oper refer decis carri european monetari cooper fund articl decis address member state luxembourg june council presid benn oj oj oj