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NTMA sells €1 billion of 10 and 15-year bonds

Today's auction brings the NTMA's total bond issuance so far this year to €4.5 billion
Today's auction brings the NTMA's total bond issuance so far this year to €4.5 billion

The National Treasury Management Agency has today sold €1 billion of 10 and 15-year bonds at an auction at yields of between 0.78% and 0.98%.

Today's auction brings the NTMA's total bond issuance so far this year to €4.5 billion.

The NTMA plans to issue €10-14 billion on the bond market this year.

This is down from the €18.5 billion raised in 2021 as the Government expects to spend far less battling the Covid-19 pandemic.