NTMA mulls issuing debt in dollars

Agency has long targeted issuing bonds in other currencies

NTMA is also interested in acquiring more floating interest rate bonds from the Central Bank Picture: Rollingnews

The National Treasury Management Agency is considering issuing dollar-denominated debt for the first time and also buying out the remaining floating interest rate bonds held by the Central Bank related to the IBRC’s closure.

The agency has long targeted issuing bonds in currencies other than the euro, as well as index-linked debt, to diversify its range of investors. US investors have been strong buyers of Irish government debt and a local currency bond ...