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#Treasury Bills

# treasury-bills - Thursday 20 March, 2014

NTMA grabs €500m from markets

Ireland looks likely to continue cash raising drive as low interest rates persist.

# treasury-bills - Tuesday 1 October, 2013

NTMA suspends Treasury Bill auctions until 2014

The National Treasury Management Agency won’t be holding anymore monthly Treasury Bills sales in 2013.

# treasury-bills - Tuesday 17 September, 2013

NTMA to sell more T-Bills but markets unlikely to learn anything

Ireland will hope to sell €500 million worth of short-term treasury bills this week with the short-term loans are expected to go with little fuss.

# treasury-bills - Thursday 18 July, 2013

How would the Minister for Finance describe Ireland in one word? Debt.

In better news, the NTMA CEO said we are on target to exit the bailout programme.

NTMA sells T-Bills as Troika completes penultimate review

The €500 million sale of three-month Treasury Bills achieved an interest rate of 0.2%, the same as last month.

# treasury-bills - Tuesday 16 July, 2013

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.

# treasury-bills - Thursday 20 June, 2013

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

Total bids received amounted to €1.46 billion which was 2.9 times the amount on offer.

# treasury-bills - Tuesday 18 June, 2013

NTMA to sell €500m of T-bills at auction this week

The agency plan to sell the bills on Thursday 20 June, 2013 and offer a three-month maturity on them.

# treasury-bills - Thursday 16 May, 2013

€500m worth of T-Bills sold at auction

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

# treasury-bills - Tuesday 14 May, 2013

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.

# treasury-bills - Thursday 18 April, 2013

Ireland sells €500m of Treasury Bills at auction

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

# treasury-bills - Thursday 21 March, 2013

Ireland sells €500m of Treasury Bills at auction

The T-Bills have a maturity of three months and were sold at an annual interest rate of 0.24 per cent.

# treasury-bills - Tuesday 19 March, 2013

Ireland to auction €500 million in T-Bills

The next sale is slated for Thursday, 21 March.

# treasury-bills - Thursday 21 February, 2013

SOLD! Ireland sees slightly higher cost of borrowing on T-Bills

The NTMA sold €500 million worth of short-term bonds at auction this morning.

# treasury-bills - Tuesday 19 February, 2013

Ireland to auction off €500 million of Treasury Bills on Thursday

The auction is the latest attempt to test the waters for Ireland’s eventual return to normal lending markets.

# treasury-bills - Tuesday 15 January, 2013

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.

# treasury-bills - Thursday 15 November, 2012

Ireland's cost of borrowing drops as another €500 million is raised

Today’s T-Bills auction was oversubscribed.

# treasury-bills - Tuesday 13 November, 2012

Ireland to go back to the markets again

The auction of T-Bills is set to raise another €500 million.

The 9 at 9: Tuesday

Nine things to know this morning…

# treasury-bills - Tuesday 16 October, 2012

Ireland to raise €500 million on bond markets

The auction will be Ireland’s fourth since the bailout programme was initiated in November 2010.

# treasury-bills - Thursday 13 September, 2012

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.

# treasury-bills - Tuesday 11 September, 2012

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

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

# treasury-bills - Thursday 5 July, 2012

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.

Ireland returns to the markets today - here's what you need to know

The NTMA is set to try and raise money for the first time since Ireland was bailed out, with a €500m debt auction.

# treasury-bills - Tuesday 3 July, 2012

Back to the markets: Ireland to offer €500 million of three-month bills

The first auction will be held on Thursday.

# treasury-bills - Tuesday 26 June, 2012

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.

# treasury-bills - Thursday 23 September, 2010

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.

# treasury-bills - Thursday 26 August, 2010

THE NATIONAL TREASURY MANAGEMENT AGENCY (NTMA) is to hold a treasury bill auction today, hoping that a strong investor uptake will help the country soothe the fears of jittery investors.

The price of the interest offered on bills and bonds auctioned by the NTMA depends on how much investors demand – which in turn is determined by whether investors are confident or nervous about the chance of their original investment not being returned.

Today’s auction – of short-term treasury bills, maturing between three months and a year – will hope to raise €600m for the Exchequer, but also act as an early chance for Ireland to put the impact of the Standard & Poor’s ratings downgrade behind it.

A strongly-contested auction would drive rates down, showing that investors might be taking the S&P downgrade with a pinch of salt.

The NTMA itself criticised S&P’s decision to decrease Ireland’s rating to AA- from AA on Monday night, saying the projections assumed that the final cost of the banking bailout would vastly exceed the costs projected domestically.

Bids for the auction are closing about now (10:30am), and the yields will be disclosed later today.