Ireland could be back borrowing money on the 10-year-bond markets in a matter of days.

The National Treasury Management Agency (NTMA) has appointed a number of institutions as lead managers on a forthcoming 10-year transaction.

It is the first such move on long-term borrowings since before we entered the bailout in 2010.

Normally, such announcements by the NTMA come just hours or days before the completion of the bond buying.

Alan McQuaid of Merrion Stockbrokers says bonds might be issued tomorrow if there is enough demand for them.