NTMA to raise €1bn on Thursday

The National Treasury Management Agency (NTMA) will sell some €1 billion in 15-year bonds this Thursday, October 8th.

The auction, which was first announced last week, will be the last fundraising effort for the state agency this year. The NTMA has already raised € 12 billion in the bond markets out of a € 12 billion to € 15 billion targeted range.

On Thursday, some €1bn in the 2.40% Treasury Bond 2030 will be auctioned at 8am, and will be confined to recognised primary dealers.

Irish 10-year government bonds were yielding 1.14 per cent on Monday morning, with a spread of 0.62 basis points to German bunds.