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NTMA raises another €1 billion in latest bond auction

The NTMA has issued €5 billion of benchmark bonds so far this year
The NTMA has issued €5 billion of benchmark bonds so far this year

The National Treasury Management Agency has today raised €1 billion in 10 and 17-year debt at a bond auction.

The NTMA said the 2.6% Treasury Bond, which will mature in 2034, was sold at a yield of 2.882%, while the 3% Treasury Bond, which is due to mature in 2041, had a yield of 3.064%.

With the completion of today's auction, the NTMA has issued €5 billion of benchmark bonds so far this year.

The NTMA has said it plans to issue just €6 billion to €10 billion worth of debt in 2024.