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NTMA set to raise €1 billion in bond auction this week

NTMA is due to hold bond auctions on Thursday
NTMA is due to hold bond auctions on Thursday

The National Treasury Management Agency is set to cap its 2021 fundraising at €18.5 billion with the sale of €1 billon in seven and 10 year debt in its final auction of the year on Thursday.

The NTMA has raised €17.5 billion in bond sales so far this year.

It planned to borrow €16-20 billion on the bond market in 2021 to fund coronavirus-related spending.