Hedge funds buy large amounts of Irish sovereign bond debt                 

The ECB’s huge bond-buying programme has helped boost the activity of hedge funds in eurozone sovereign debt sales. File picture.

Hedge funds have stepped up their activity in buying up Irish government bonds sold by the National Treasury Management Agency (NTMA) in the past year. 

An analysis by the Irish Examiner of Irish sovereign bond sales by the NTMA since the onset of the Covid-19 economic crisis show that hedge funds have accounted for a share of 13% of the bonds sold by the Government in a recent sale.