The National Treasury Management Agency has mandated a number of banks and brokers as joint lead managers for a new syndicated bond auction which it intends to hold in the near future.
Market sources have indicated that the NTMA is aiming to raise €3 billion with the 15 year syndicated bond.
Barclays, Cantor Fitzgerald Ireland, Goldman Sachs, HSBC, NatWest Markets and SG BIC are the joint lead managers of the forthcoming auction.
"The syndicated transaction is expected to be launched and priced in the near future subject to market conditions," a statement from the NTMA said.
Last week the NTMA also said it would hold a bond auction on May 10 and a Treasury Bill auction on June 14 - subject to market conditions.
The NTMA has issued €6.25 billion worth of bonds so far this year.
The agency had said it plans to issue between €14-18 billion of long-term debt in 2018.
