The National Treasury Management Agency (NTMA) is to auction €500 million of fifteen-year bonds on Thursday.
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.
The NTMA has sold €11.75 billion in long-term debt since the start of 2014, and is also taking steps to ease the burden of an €8 billion debt that matures in April 2016.
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The agency is advancing plans to step up the sale of new debt this year, with up to €15 billion in long-term bond sales.
