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NTMA to hold Treasury Bill auction this week

The NTMA is to offer €500m of Treasury Bills at an auction this week
The NTMA is to offer €500m of Treasury Bills at an auction this week

The National Treasury Management Agency said today it will hold an auction of 12 month Treasury Bills this week.

The NTMA said it will offer €500m of Treasury Bills at Thursday's auction.

Last week, the agency sold €700m of nine-year bonds at a yield of 0.72% and €300m of 28-year bonds at a yield of 1.915%.

The NTMA has now raised €8.75 billion of its planned €9-13 billion issuance of long-term debt this year.