NTMA to hold Treasury Bill sale on Thursday

Tuesday 17 September 2013 12.07
NTMA is to hold an auction of three-month Treasury bills this week
NTMA is to hold an auction of three-month Treasury bills this week

The National Treasury Management Agency said it will auction €500m worth of three-month Treasury Bills on Thursday.

In July, the NTMA successfully auctioned €500m worth of three-month bills.

The bills were sold at a yield of 0.2% - the same as that secured in a similar auction in June.

Speaking in July, NTMA chief executive John Corrigan said Ireland was fully on target with its fundraising objectives and the main thing was for Ireland's debt plans to remain on a sustainable footing.