NTMA plans syndicated bond sale in January

Agency is seeking to raise up to €14bn from bond markets in 2022

The National Treasury Management Agency (NTMA) laid out a schedule for its debt sales for the first quarter of the year as it seeks to raise up to €14 billion from the international bond markets in 2022.

That marks a decline of up to 46 per cent on the amount raised last year as the Government’s Covid-related spending eases.

A spokesman for the agency did not say how much it planned to raise in the first quarter. However, the NTMA said it is launching a new government bond by syndication in January. That can typically mean raising at least €3 billion through the transaction. In January last year the NTMA raised €5.5 billion through a syndicated bond sale.

The agency is also planning a bond auction in March, with sales of treasury bills – shorter-term debt maturing in under a year – planned for February and March.


Further details of the bond and bill auctions will be announced closer to the sales.

Ciara O'Brien

Ciara O'Brien

Ciara O'Brien is an Irish Times business and technology journalist