Ireland's National Treasury Management Agency will seek to raise €1 billion in a dual bond auction to be held March 8.
The debt agency will sell a four-year bond with a coupon of 0% and a 10-year bond with a coupon of 0.9% in the auction. Settlement is expected March 12.
A noncompetitive auction for 15% of the amount sold in the competitive auction will immediately follow and will close at 10 a.m. in Ireland on March 12, the NTMA said.
