The National Treasury Management Agency (NTMA) is to auction €750 million of bonds on Thursday. The State’s debt office will sell two bonds, one of which is due in 2023 at an interest rate of 3.9 per cent. The other, which is due in 2028, carries an interest rate of 0.9 per cent. The auction will be conducted on the Bloomberg Auction System and will be confined to recognised primary dealers. The €3 billion of 12-year bonds on offer were priced to carry a market interest rate, or yield, of 1.399 per cent.

Source: The Irish Times November 05, 2018 10:51 UTC