Ireland seeks to raise 2 billion euros in green debt

Danske Bank A/S

12/05/2026 11:52

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.

($1 = 0.8514 euros)

 (Reporting by Padraic Halpin
Editing by Mark Potter)

 ((padraic.halpin@thomsonreuters.com; +353 1 500 1504; Reuters Messaging: padraic.halpin.thomsonreuters.com@reuters.net))