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NTMA sells €1.25 billion of bonds maturing in 2034 by auction today

The NTMA said it sold the bond, which matures in 2034, at a yield of 2.82% at today's auction
The NTMA said it sold the bond, which matures in 2034, at a yield of 2.82% at today's auction

The National Treasury Management Agency has today completed an auction of €1.25 billion worth of Government bonds.

The NTMA said it sold the bonds, which mature in 2034, at a yield of 2.82%.

The NTMA has a relatively limited borrowing requirement this year due to its large cash balances and forecast budget surplus.

It has now raised €5.25 billion of its planned €6 billion to €10 billion funding range for the year.