NTMA to sell €500m of T-Bills this week

The National Treasury Management Agency (NTMA) will undertake the seventh Treasury Bill sale of 2013 on Thursday.

By Rónán Duffy Tuesday 16 Jul 2013, 10:18 AM

Jul 16th 2013, 10:18 AM 2,665 Views 5 Comments

https://jrnl.ie/994687

THE NATIONAL TREASURY Management Agency (NTMA) is to auction off another €500 million of three-month Treasury Bills this week following similar sales in May and June.

The NTMA will hold the auction on Thursday and, subject to market conditions, will follow it up with one further monthly auction in the third quarter in September.

This auction will be the seventh such sale of 2013 with the most recent such auction in June resulting in sales at a rate of 0.2 per cent, higher than the 0.12 per cent that pertained in May.

The auction will be conducted on the Bloomberg Auction System and will last between 09:30 am and 10:30 am.

Read: Ireland sells €500m of T-bills at a higher rate than last month >

Read: NTMA launches State Savings products >

Short URL

About the author:

About the author

Rónán Duffy

@ronanduffy_

ronan@thejournal.ie

See more articles by Rónán Duffy

Contribute to this story:

Send a Correction

COMMENTS (5)

∞

About Us

Corrections

Report Content

Policies

TheJournal.ie supports the work of the Press Council of Ireland and the Office of the Press Ombudsman, and our staff operate within the Code of Practice. You can obtain a copy of the Code, or contact the Council, at www.presscouncil.ie, PH: (01) 6489130, Lo-Call 1890 208 080 or email: info@presscouncil.ie

Please note that TheJournal.ie uses cookies to improve your experience and to provide services and advertising. For more information on cookies please refer to our cookies policy.

News images provided by Press Association and Photocall Ireland unless otherwise stated. Irish sport images provided by Inpho Photography unless otherwise stated. Wire service provided by Associated Press.

Journal Media does not control and is not responsible for user created content, posts, comments, submissions or preferences. Users are reminded that they are fully responsible for their own created content and their own posts, comments and submissions and fully and effectively warrant and indemnify Journal Media in relation to such content and their ability to make such content, posts, comments and submissions available. Journal Media does not control and is not responsible for the content of external websites.

NTMA to sell €500m of T-Bills this week