The National Treasury Management Agency said it plans to raise €1-1.25 billion of debt on Thursday through the sale of 10 and 30-year bonds in its final auction of the year. 

Earlier this year, the NTMA increased its funding target for 2020 to a range of €20 billion to €24 billion to shore up government finances drained by the coronavirus pandemic. 

The NTMA has already raised €22.75 billion through bond sales so far this year.