The National Treasury Management Agency plans to auction a €500m Treasury Bond on Thursday.

The sale will add to an existing €4.25bn bond, which is due to mature in 2030 at a yield of 2.4%.

The NTMA has been enjoying particularly low yields on its auctions in recent months, and sold its first 30 year bond at a yield of 2% last week.

That sale, along with another in early January, has put the agency half way towards its funding goal for the year already.