The National Treasury Management Agency confirmed today that it will hold a bond auction on Thursday, September 11, which aims to raise between €1 billion and €1.5 billion.
This will be the NTMA's only auction for the third quarter of this year.
The NTMA said two bonds will be offered in this week's auction - a 2.6% Treasury Bond which will mature in 2034 and a 3% Treasury Bond which will mature in 2043.
The NTMA has a relatively limited borrowing requirement this year due to its large cash balances and forecast budget surplus.
It has already raised €5.25 billion of its planned €6 billion to €10 billion funding range for the year.
