NTMA to sell €750m of fifteen-year bonds at auction

The National Treasury Management Agency (NTMA) is to auction €750 million of fifteen-year bonds this Thursday.

The auction of 2030 bonds will be the last scheduled auction in the first half of this year.

The auction will be conducted between 8am and 10am on the Bloomberg Auction System and is confined to recognised primary dealers.

A non-competitive auction for 15 per cent of the amount sold in the competitive auction will immediately follow and will close on Friday.

Meanwhile, Bank of Ireland has said it is readying a subordinated bond issue. Subject to market conditions, the roadshow will start June 9th. The bank has mandated Deutsche Bank and UBS as joint structuring advisors.