NTMA plans to hold bond auction in May

ntma-plans-to-hold-bond-auction-in-may

The National Treasury Management Agency (NTMA) said it plans to hold a bond auction on Thursday May 8 – subject to market conditions.

The NTMA has issued €4 billion of bonds so far this year.

It plans to issue €6 billion to €10 billion worth of debt for the year and raised €3 billion in a January syndicated deal as well as €1 billion in an auction in March.

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

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