The National Treasury Management Agency (NTMA) has scheduled a bond auction for Thursday, 9 July, aiming to raise between €1 billion and €1.25 billion in government debt.
The offering marks the first of two auctions the agency plans to conduct during the third quarter of 2026, providing clarity on upcoming supply in the Irish sovereign market.
Two bonds will be offered at this week's auction, though specific tenors and coupon details were not disclosed in the initial announcement.
This scheduled issuance adds to the benchmark liquidity in the Irish bond market, allowing investors to gauge demand for sovereign paper ahead of the second quarter's close.
The auction follows the NTMA's broader Q3 funding strategy, which seeks to manage the state's borrowing needs while maintaining orderly market conditions.
Market participants will monitor the bid-to-cover ratio and the final yield curve positioning following the auction to assess investor appetite for Irish sovereign debt.