NTMA plans to return to markets this year

Updated: 19:54, Friday, 13 January 2012

The body which manages Ireland's debt says it plans to return to the markets in the middle of this year.

1 of 1NTMA says it hopes to borrow money for short periods mid-year and sell longer term bonds at the end of 2012.
NTMA says it hopes to borrow money for short periods mid-year and sell longer term bonds at the end of 2012.

The body which manages Ireland's debt says it plans to return to the markets in the middle of this year, and has played down suggestions that the country requires a second bailout.

The National Treasury Management Agency says it hopes to borrow money for short periods mid-year and sell longer term bonds at the end of 2012.

Yesterday in London, Taoiseach Enda Kenny rejected suggestions that Ireland would need a second European Union/International Monetary Fund bailout because of fears that falling growth rates will threaten Ireland's recovery.

Mr Kenny also said the Government wants to return "in a tentative way" to international bond markets next year from the second quarter onwards, though, more likely, the end of the year.

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