The National Treasury Management Agency said it will hold one bond auction in the first quarter of the year on March 12.

The NTMA covered around a third of its funding target for 2020 with a syndicated sale yesterday.

It kicked off its funding drive by raising €4 billion via a new 15-year bond sale after being swamped with bids for its debut issue for the second successive year. 

The debt agency plans to raise between €10-14 billion this year. 

The NTMA also plans to hold two Treasury Bill auctions in the first three months of the year - on February 20 and March 19.