skip to main content

NTMA sells €1 billion of nine and 28-year bonds in dual auction

The NTMA has now raised €8.75 billion of its planned €9-13 billion issuance of long-term debt this year
The NTMA has now raised €8.75 billion of its planned €9-13 billion issuance of long-term debt this year

The National Treasury Management Agency sold €700m of nine-year bonds at a yield of 0.72% and €300m of 28-year bonds at a yield of 1.915% at an auction today.

Today's sale was the agency's fourth dual bond auction of the year.

The NTMA said that demand for the nine year bond was 2.25 times the amount on offer, while demand for the 28 year bond was 1.84 times the amount on offer.

The NTMA has now raised €8.75 billion of its planned €9-13 billion issuance of long-term debt this year.