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NTMA plans one bond auction for fourth quarter

The NTMA has raised €6.75 billion of its planned €6-10 billion funding range for the year
The NTMA has raised €6.75 billion of its planned €6-10 billion funding range for the year

The National Treasury Management Agency said it plans to hold a bond auction on Thursday October 9 - subject to market conditions.

This will be the NTMA's only bond auction of the fourth quarter.

The NTMA has raised €6.75 billion of its planned €6-10 billion funding range for the year.

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