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Sovereign Debt

Dáil Éireann Debate, Tuesday - 26 May 2026

Tuesday, 26 May 2026

Questions (452)

Pearse Doherty

Question:

452. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance the average cost interest of Irish debt issued each year since 2020; and the interest on any auctioned bonds in 2026. [39442/26]

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Written answers

The National Treasury Management Agency have informed me that over the six-year period 2020 to 2025, the NTMA issued almost €73bn of benchmark bonds at a weighted average yield of just over 1.1%.

The amount issued and the weighted average yield for each of the years 2020 to 2025 is shown in the table below.

Year

Benchmark Bond Issuance

€bn

Weighted Average Yield

%

2020

24.6

0.21%

2021

19.3

0.18%

2022

7.1

1.10%

2023

7.4

3.19%

2024

6.0

2.70%

2025

8.5

3.08%

So far in 2026, the NTMA has issued €8.25bn of benchmark bonds at a weighted average yield of 3.27%.

Details of the individual bond transactions completed by the NTMA year-to-date in 2026 are shown in the below table.

Transaction Type

Date

Bond

Yield

Total Amount Sold

€bn

Syndication

14-Jan-26

3.1% Treasury Bond 2036

3.145%

5.0

Auction

12-Mar-26

3.1% Treasury Bond 2036

3.21%

1.25

Syndicated Tap

13-May-26

3.0% Treasury Bond 2043

3.64%

2.0

The NTMA publishes information on the outcomes of its bond auctions and syndications on its website on an ongoing basis and also includes information on bond issuance for the year concerned as part of its Annual Report.

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