NTMA benchmark bond issuance totalled €6bn in 2024

The bond issuance in 2024 was at a weighted average yield of 2.70% and a weighted average maturity of 11.6 years

Business 14072025 No Repro Fee. Pictured is Frank O’Conor, NTMA Chief Executive at the NTMA Mid-Year Business Update 2025 & Annual Report 2024. Photo Chris Bellew / Fennell Photography 2025

The National Treasury Management Agency's (NTMA) benchmark bond issuance in 2024 totalled €6bn, with the average annual bond issuance from 2022 to 2024 being less than €7bn. 

Publishing its mid-year review and annual report, the agency said the €7bn compares with an annual average of almost €20bn for the period 2019 to 2021.