The National Treasury Management Agency said today it will hold a scheduled bond auction of up to €1.25 billion of its 3.1% Treasury Bond 2036 on Thursday, March 12.
The NTMA plans to raise a relatively modest €10-14 billion this year due to the Government projecting another budget surplus.
In January, the NTMA raised €5 billion from the sale of a new 10-year bond, covering more than 40% of the country's annual funding needs in one go thanks to bumper demand.
The debt agency sold the new bond via a syndicate of banks and brokers at a yield of 3.145%. It matures in June 2036.
