Ireland to auction up to 1.5 billion euros of debt
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Ireland to auction up to 1.5 billion euros of debt

by Inkhabar webdesk
Ireland to auction up to 1.5 billion euros of debt

DUBLIN, Oct 6 (Reuters) – Ireland will seek to raise between 1 and 1.5 billion euros in nine-year and thirty-year debt at a bond auction on Thursday, the National Treasury Management Agency said. Ireland has a relatively limited borrowing requirement this year due to its large cash balances and forecast budget surplus. It has so far raised 6.75 billion euros of its planned 6 billion to 10 billion euro funding range for the year. (Reporting by Graham Fahy; Editing by Andrew Cawthorne)

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