Business Irish

Saturday 1 October 2016

NTMA to hold €1bn bond auction

Published 05/10/2015 | 11:06

Much is expected from Michael Noonan’s fifth Budget on October 13and
Much is expected from Michael Noonan’s fifth Budget on October 13and

THE government will hold a bond auction on Thursday in a bid to raise €1bn.

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While the country is fully funded for the year, the auction of 15-year debt will take place on Thursday.

The National Treasury Management Agency, which manages the country's debt, has raised €12bn out of a range of €12-15bn of debt to fund 2016.

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