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NTMA to hold one bond auction in Q1 after early syndicated sale

The National Treasury Management Agency said it will hold one bond auction in the first quarter of the year on March 12.

The NTMA covered around a third of its funding target for 2020 with a syndicated sale yesterday.

It kicked off its funding drive by raising €4 billion via a new 15-year bond sale after being swamped with bids for its debut issue for the second successive year. 

The debt agency plans to raise between €10-14 billion this year. 

The NTMA also plans to hold two Treasury Bill auctions in the first three months of the year – on February 20 and March 19.

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