NTMA publishes Annual Funding Plan for 2026
- Plans to issue €10 billion to €14 billion of bonds during the year.
- Intends to conduct at least one syndicated bond deal in 2026.
- Strong Exchequer funding position means no issuance of Treasury Bills planned.
9 December 2025 - The National Treasury Management Agency (NTMA) plans to issue €10 billion to €14 billion of bonds over the course of 2026.
The NTMA will issue a statement at the beginning of each calendar quarter outlining its bond auction plans for that quarter. It also intends to conduct at least one syndicated bond deal during the year.
As in recent years, the NTMA does not expect to issue Treasury Bills during 2026.
Dave McEvoy, NTMA Director of Funding and Debt Management, said:
“The €10 billion to €14 billion bond funding range we are announcing today for 2026 reflects the €15 billion in debt maturities next year.
The strong Exchequer funding position means we are well positioned entering 2026".