NTMA plans to hold one bond auction in third quarter

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The NTMA said it plans to hold a bond auction on Thursday September 1 - subject to market conditions.

The NTMA also said it plans to hold three Treasury Bill sales during the third quarter - July 14, August 18 and September 15.The NTMA has issued €5.75 billion in funding so far this year from a planned range of €10-14 billion.

This is down from the €18.5 billion raised in 2021 as the Government expects to spend far less battling the Covid-19 pandemic. The NTMA cancelled its planned bond auction for June due to the economy's strong fiscal performance so far this year and the lower Exchequer borrowing

 

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