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NTMA to sell E500m worth of T-Bills
Tuesday, October 16 11:28:49
In a further test of global market sentiment towards Ireland, the NTMA will this Thursday auction off E500m worth of short-term, three month Government debt.
This will be the third foray in to the markets by the Agency this year.
Last month, the NTMA sold E500 million worth of treasury bills due December 17 at a yield of 0.7 per cent.
Irish bond yields have fallen since European Union leaders agreed on June 29 to examine the Irish financial sector "with a view to further improving the sustainability of the well-performing adjustment program."
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