The National Treasury Management Agency said it plans to raise between €1 billion and €1.5 billion at a bond auction on Thursday October 9 – its only planned bond auction of the fourth quarter.
The NTMA said there will be two bonds offered in this week’s auction – a 2.6% Treasury Bond which will mature in 2034 and a 3.15% Treasury Bond which will mature in 2055.
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.
