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NTMA to hold final bond auction of this year on Thursday

Thursday's auction will be the NTMA's final bond auction of 2024
Thursday's auction will be the NTMA's final bond auction of 2024

The National Treasury Management Agency said it will hold its final bond auction of this year on Thursday, September 12 as it moves towards completing 2024's modest funding target.

The NTMA has issued €5 billion in benchmark bonds so far this year at an average yield of 2.75% and an average maturity of 12.1 years.

It plans to issue just €6 billion to €10 billion worth of debt for the year.