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NTMA to auction 10 year bonds this week

The NTMA has raised €5.5 billion out of a guided range of €6-10 billion of debt to cover its funding needs for next year
The NTMA has raised €5.5 billion out of a guided range of €6-10 billion of debt to cover its funding needs for next year

The National Treasury Management Agency said it will auction €1 billion in 10-year bonds on Thursday.

This comes as the NTMA continues its efforts to fund the state up to 2017 at record low interest rates.

Ireland is already fully funded for the rest of the year and since January has raised €5.5 billion out of a guided range of €6-10 billion of debt to cover its funding needs for next year.