NTMA plans to sell €3 billion of 10-year bonds

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Transaction expected to be launched on Thursday via IrishTimesBiz

, Danske Bank, JP Morgan and Morgan Stanley to manage a sale of 10-year bonds, without giving a planned size of the transaction.to hit the bond markets in early January over the past decade. It has also usually raised more in its year-start bond sale than initially signalled by market sources, taking advantage of investors demand for new debt before a slew of other governments come to market.

The agency sold €18.5 billion of bonds in 2021, on top of €24 billion issued in 2020, as the Government grappled with the costs of funding supports for households and businesses during the worst of the economic shock.

 

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