NTMA to hold bond auction next week

State’s debt agency to hold further bond auction on September 14

The Treasury Building, home of the National Treasury Management Agency. (Photograph: Cyril Byrne/The Irish Times)
The Treasury Building, home of the National Treasury Management Agency. (Photograph: Cyril Byrne/The Irish Times)

The National Treasury Management Agency said on Monday it plans to carry out two bond auctions in the current quarter, including a debt sale next week.

The State’s debt agency has so far raised €9.35 billion through the sale of long-term bonds so far this year, surpassing the minimum of its full-year target of between €9 billion and €13 billion.

The NTMA plans to hold auctions on July 13th and September 14th.

It also plans to sell short-term debt, known as Treasury Bills, on September 21st.

Joe Brennan

Joe Brennan

Joe Brennan is Markets Correspondent of The Irish Times