NTMA to hold two bond auctions in third quarter

ntma-to-hold-two-bond-auctions-in-third-quarter

The National Treasury Management Agency (NTMA) said today it plans to hold two bond auctions during the third quarter of this year.

The NTMA plans to hold a bond auction on Thursday 9 July and a second auction on Thursday 3 September – subject to market conditions.

The agency has issued €8.25 billion of benchmark bonds so far this year.

It plans to raise a relatively modest €10-14 billion this year due to the Government projecting another budget surplus.

In May, the NTMA cancelled a scheduled debt auction for that month as it decided to hold a syndicated transaction instead.

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