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Ireland seeks to raise 2 billion euros in green debt

Tue, 12th May 2026 12:11

DUBLIN, May 12 (Reuters) - ​Ireland's ⁠debt agency has mandated ​a number of banks and ​brokers ‌to sell 2 billion euros ($2.4 ⁠billion) more of ⁠its 17-year green ​bond which funds projects with environmental benefits, it said on Tuesday.

Ireland's ​National ‌Treasury Management Agency (NTMA) last week cancelled a scheduled debt auction for May ​14, which would likely have raised ‌fewer funds and instead said it would opt ‌for a syndicated bond transaction in the coming weeks.

The NTMA ​mandated BofA Securities, Citi, Danske Bank, ‌Davy, Deutsche Bank and J.P. Morgan as joint lead managers for ⁠the deal, ⁠which will be ‌launched in the near future, language ​it typically ​uses when selling ‌the debt the next day.

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