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NTMA to hold another Treasury Bill auction on Thursday

NTMA to offer €500m of T-Bills for auction on Thursday
NTMA to offer €500m of T-Bills for auction on Thursday

The National Treasury Management Agency will hold an auction of Treasury Bills this Thursday.

The NTMA said it will offer €500m of Treasury Bills with a three-month maturity similar to the last T-Bills auction in March.

This will be the fourth auction of 2013. 

The agency said that subject to market conditions, Thursday's auction will be followed by two further monthly auctions in the second quarter of the year.