NTMA suspends monthly Treasury Bill auctions until 2014

Tuesday 01 October 2013 12.34
The NTMA said it was in a "relatively strong funding position"
The NTMA said it was in a "relatively strong funding position"

The National Treasury Management Agency has suspended its monthly Treasury Bill auctions for the remainder of 2013.

The agency said it took the decision due to its “relatively strong funding position”.

It also said it would not give consideration to any further medium or long-term bond issuance until the start of next year.