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Ireland to auction two bonds again this week
Last Updated: 2017-03-07 09:37 | Xinhua
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Ireland said on Monday it plans to raise up to 1.25 billion euros (1.32 billion U.S. dollars) this week in its second dual bond auction of this year.

In a statement, the National Treasury Management Agency (NTMA) said it will auction between 1 billion euros and 1.25 billion euros of bonds on Thursday through a dual auction of debt that matures in 2026 and 2045.

The NTMA returned to dual auctions last month for the first time since 2010.

Last month, it sold 600 million euros of bonds that are due to be repaid in 2022, and a further 650 million euros of securities that mature in 2026.

The agency says it will issue between 9 and 13 billion euros of long-term bonds this year.

In Ireland, the NTMA is responsible for borrowing on behalf of the government and managing the national debt.

Last year, the agency raised 8.25 billion euros in funding. (1 euro = 1.06 U.S. dollars)

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