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Government to raise €750m in bond auction

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Brendan McDonagh of the NTMA and NAMA

Brendan McDonagh of the NTMA and NAMA

Brendan McDonagh of the NTMA and NAMA

The National Treasury Management Agency (NTMA) is to raise €750m of fifteen-year bonds on Thursday.

It will be the last auction scheduled for the first half of the year.

The Government raised €4bn with the issuing of the first 30-year bond.

The NTMA, which manages the country's debt, is looking to raise €12bn-€15bn in long-term bonds this year.

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