NTMA seeks to raise €1.5bn

The National Treasury Management Agency plans to raise up to €1.5 billion in its latest bond auction scheduled for next Tuesday, it has confirmed.

In a brief statement, the NTMA said it will offer two more bonds to raise up to €1.5bn.

The range they have set is between €1bn to €1.5bn, and if successful it will push the amount raised this year to well over half of this year’s €20bn funding needs.