The National Treasury Management Agency will seek to raise €1 billion in nine and 12-year debt in its first bond auction of the year on Thursday, the National Treasury Management Agency said.
Ireland has a relatively limited borrowing requirement this year due to its large cash balances and forecast budget surplus.
It plans to issue €6 billion to €10 billion worth of debt and already raised €3 billion in a January syndicated deal.
Two bonds will be offered in Thursday auction – a 2.6% Treasury Bond which matures in 2034 and a 1.7% Treasury Bond which matures in 2037.
Article Source – NTMA to raise €1 billion in bond auction this week – RTE
