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Dublin: 6 °C Friday 24 May, 2013

National Treasury Management Agency

The organisation that manages the assets and liabilities of the government.

# national-treasury-management-agency - Yesterday’s News

NTMA and NAMA staff will lose exemption from new public pay cuts

Some staff at the NTMA refused to take voluntary pay cuts – so now the agency will be liable to mandatory deductions.

# national-treasury-management-agency - Thursday 16 May, 2013

From Business ETC Treasury Bills

€500m worth of T-Bills sold at auction

The bills were sold at a lower interest rate this month than last month.

# national-treasury-management-agency - Tuesday 14 May, 2013

From Business ETC Bills

Another €500m of T-Bills for sale this week

The NTMA will hold another auction this Thursday as it attempts to help Ireland return to normal lending markets.

# national-treasury-management-agency - Friday 26 April, 2013

From Business ETC NTMA

Three NTMA staff earning over €200k won’t take pay cut this year

Finance Minister Michael Noonan had asked the 13 staff earning over €200,000 at the National Treasury Management Agency to continue voluntary pay cuts this year but some have refused.

# national-treasury-management-agency - Thursday 18 April, 2013

From Business ETC Bond Auction

Ireland sells €500m of Treasury Bills at auction

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

# national-treasury-management-agency - Tuesday 15 January, 2013

From Business ETC Treasury Bills

Ireland to sell €500 million Treasury Bills this week

The auction is the latest in a series of measures undertaken by the National Treasury Management Agency as it looks to return Ireland to normal lending markets.

# national-treasury-management-agency - Monday 7 January, 2013

From Business ETC We're Baaaaaack

NTMA to tap bond markets

The decision will see money raised through medium-term bonds.

# national-treasury-management-agency - Thursday 22 November, 2012

NTMA Chief says State Street “perpetrated a fraudulent act”

State Street said the individuals involved in improperly taking commission are no longer with the company.

# national-treasury-management-agency - Friday 2 November, 2012

From Business ETC Exchequer Returns

Exchequer returns show €2.9 billion deficit due, in part, to payment to the ESM

Spending at the Department of Social Protection was more than expected, whereas the Department of Jobs, Enterprise and Innovation continues to underspend.

# national-treasury-management-agency - Thursday 13 September, 2012

From Business ETC Bond Markets

Bond auction sees Ireland’s cost of borrowing fall dramatically

The NTMA successfully raises €500 million at a cost far lower than two months ago.

# national-treasury-management-agency - Wednesday 12 September, 2012

From Business ETC Markets

NTMA chief: It’s looking good for ‘sustainable’ re-entry to markets

However, John Corrigan does warn that “wider uncertainties” in the eurozone could be risk factor to Ireland’s progress.

# national-treasury-management-agency - Tuesday 11 September, 2012

From Business ETC Bond Auction

NTMA to raise another €500m on bond markets this week

The treasury agency will auction €500 million of three-month bills on Thursday.

# national-treasury-management-agency - Tuesday 21 August, 2012

From Business ETC Bonds

Irish 9-year bonds fall below 6% for the first time since 2010

Bond yields have fallen to their lowest rate since 19 October 2010, when Ireland entered into a bailout agreement with the EU/IMF.

# national-treasury-management-agency - Friday 27 July, 2012

Irish bond auction welcomed but ‘country is still on life support’

The NTMA auctioned over €4 billion in Irish bonds yesterday in the first long-term debt sale since the bailout.

# national-treasury-management-agency - Thursday 26 July, 2012

From Business ETC Bond Markets

Ireland raises €4.19 billion in first return to bond markets

Investors were willing to give us €4.19 billion in loans maturing in 2017 and 2020 – but they come at a cost.

# national-treasury-management-agency - Saturday 7 July, 2012

Cannabis, beer and T-bills: the week in stats

How high is Europe’s tallest building? And how many cannabis plants were seized by gardaí last year?

# national-treasury-management-agency - Thursday 5 July, 2012

From Business ETC Debt

Ireland’s €500m government debt sale goes better than expected

Minister for Finance welcomes auction of Treasury Bills which fetched a 1.8 per cent yield.

# national-treasury-management-agency - Tuesday 26 June, 2012

From Business ETC Starter's Orders

Ireland still planning to issue short-term bonds this summer

The NTMA says it wants to get back to issuing some bills ‘during the summer months’ to warm up for full re-entry.

# national-treasury-management-agency - Monday 14 May, 2012

Report on €3.6 billion accounting error may be published next week

Both an internal investigation and external review have been completed, with Michael Noonan now left to seek government approval.

# national-treasury-management-agency - Monday 2 April, 2012

From Business ETC Pay Cut

NTMA management agree to 15 per cent pay cut

However, one senior employee at the State agency refused to accept the reduction.

# national-treasury-management-agency - Wednesday 25 January, 2012

From Business ETC Bond Markets

Ireland returns to bond markets with €3.53 billion ‘swap offer’

The NTMA swaps €3.5bn in bonds, which were maturing in January 2014, for paper maturing in February 2015.

# national-treasury-management-agency - Friday 13 January, 2012

From Business ETC Back To Life

Ireland plans to return to bond markets this year

The NTMA’s John Corrigan reveals that Ireland will stage a “phased re-entry” with the sale of short-term bonds this year.

# national-treasury-management-agency - Tuesday 1 November, 2011

State ‘no better or worse’ off as result of €3.6bn accounting error, says CSO

The Central Statistics Office says that a €3.6 billion accounting error in the state finances is due to the figure being mistakenly treated as “external borrowings”.

# national-treasury-management-agency - Wednesday 13 July, 2011

From Business ETC Junk

European Commission slams “incomprehensible” Moody’s downgrade

Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.

From Business ETC Junk

Department of Finance ‘disappointed’ by Ireland’s junk status

Moody’s decision to downgrade appears to indicate we’ll need a second bailout.

# national-treasury-management-agency - Wednesday 29 June, 2011

NTMA staff paid an average of €7,700 in 2010 bonuses

NAMA staff are among those who received additional payments for 2010. Two million euro was paid out in total.

# national-treasury-management-agency - Saturday 28 May, 2011

From Business ETC Public Pay

Senior NTMA and NAMA staff waived €850k bonuses for 2010

While some staff at the National Treasury Management Agency received bonuses, three major CEOs declined theirs.

# national-treasury-management-agency - Wednesday 30 March, 2011

From Business ETC EBS

Sale of EBS halted by the government

The National Treasury Management Agency says the sale of the building society was not ‘commercially attractive’

# national-treasury-management-agency - Tuesday 22 March, 2011

From Business ETC Default Republic?

AIB says payment ‘will be made’ following rumours of default on bond interest repayments

AIB insisted that “payment will be made” after a rumour that Ireland has missed a scheduled interest payment on its bonds sent the price of short-term borrowing spiralling earlier today.

# national-treasury-management-agency - Sunday 27 February, 2011

Irish government sought bank bailout from Libya

A report says that Brian Lenihan knew of a visit to Libya to secure funding for troubled Irish banks.

# national-treasury-management-agency - Friday 7 January, 2011

From Business ETC Bailout

Ireland ‘could return to bond markets’ this year

The NTMA says it hopes it can bypass Ireland’s bailout funds – as the cost of serving our debt eats up 15% of the tax take.

# national-treasury-management-agency - Tuesday 16 November, 2010

EU official: Ireland in talks to accept dual bailout

Ireland is speaking to the EU and the IMF about seeking money for itself and its banks, says a diplomat.

# national-treasury-management-agency - Monday 4 October, 2010

State appoints PwC to help run nationalised AIB

PricewaterhouseCoopers gets the AIB gig – despite having said Anglo would only cost a total of €4bn. Whoops.

# national-treasury-management-agency - Thursday 30 September, 2010

From Business ETC Government Bonds

Cowen admits bond cancellation is because of high yields

The Taoiseach says we’re not borrowing because of its costs – while the NTMA had earlier said it was a precaution.

# national-treasury-management-agency - Friday 24 September, 2010

From Business ETC Bailout Republic?

ECB holds off on intervention as bonds breach 6.55%

The market price of 10-year Irish government debt reaches another record – but there’s no European intercession.

# national-treasury-management-agency - Thursday 23 September, 2010

From Business ETC Bond Auction

NTMA sells off another €400m of government debt

The National Treasury Management Agency raises some more short-term cash – but sells off less than the maximum.

# national-treasury-management-agency - Tuesday 21 September, 2010

From Business ETC Bailout Republic?

Auction a ‘relative success’ as NTMA raises €1.5bn

The National Treasury Management Agency offloads €1.5bn of bonds in what is considered a ‘solid performance’.

# national-treasury-management-agency - Monday 20 September, 2010

“I have the full support of all my colleagues” – Cowen

With Brian Lenihan at his side, the Taoiseach says he’s not “on probation” and that heave rumours are not behind bond spikes.

# national-treasury-management-agency - Friday 17 September, 2010

From Business ETC Live

Bonds hit all-time record as default fears continue

The interest rate on Irish government borrowings brushed a record 6.1%, amid fears the IMF may be called in.

# national-treasury-management-agency - Thursday 9 September, 2010

Yields on short-term bills head downward after Anglo announcement

The NTMA sells off 5- and 7-month bonds at smaller yields than two weeks ago, despite the spike in 10-year bond rates.

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