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Dublin: 8 °C Tuesday 26 September, 2017

Ireland sells €500m of Treasury Bills at auction

The T-Bills were sold at a yield of 0.19 per cent.

Treasury Buildings in Dublin.
Treasury Buildings in Dublin.
Image: Julien Behal/PA Wire

THE NATIONAL TREASURY Management Agency said they have sold €500 million of Irish Treasury Bills – reaching it’s target amount.

Total bids received amounted to 4.8 times the amount on offer.

The Treasury Bills, which have a maturity of three months, were sold at a yield of 0.19 per cent.

The sale today is similar to another NTMA auction last month that also raised €500 million and an annual interest rate of 0.24 per cent.

Read: Ireland buys back €500 million of its own bonds >

More: Ireland sells €500m of Treasury Bills at auction >

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