The Public Debt Management Office (PDMO) said Thursday the government may issue a euro medium-term note (EMTN), or Eurobond, of up to €1bn next year.
The security is expected to cover up to two-thirds of the government’s financing needs next year, estimated to reach up to €1.5bn, the PDMO said in a statement on its website.
Treasury bills will cover up to one-quarter of the financing needs while retail bonds and bilateral loans will cover up to 8 per cent of the government’s financing each, the PDMO said.
According to the PDMO’s debt repayment...