NTMA to hold €1 billion bond auction on Thursday

The National Treasury Management Agency (NTMA) is to auction €1 billion of debt this Thursday.

The treasury bonds will have a maturity date of 2024, and the auction will open at 8am and close at 10am.

A non-competitive auction for 15 per cent of the amount sold in the competitive auction will immediately follow and will close at 10am on Friday.

The NTMA will carry out a Treasury Bill auction on November 20th. Such sales of short-term debt generally raise in the region of €500 million and the debt typically matures at three months.