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NTMA to hold bond auction on Thursday

The NTMA said that three bonds will be offered in the auction later this week
The NTMA said that three bonds will be offered in the auction later this week

The National Treasury Management Agency said it plans to hold a bond auction on Thursday at which it aims to raise between €1 billion and €1.5 billion.

Three bonds will be offered in the auction - a 0% Treasury Bond which is due to mature in 2031, a 2% Treasury Bond due to mature in 2045 and a 1.5% Treasury Bond due to mature in 2050.

The NTMA has raised €16 billion of its €18-20 billion target for the year.