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NTMA may tap markets again this year

Thursday, March 14 15:49:42

The National Treasury Management Agency may issue some additional debt before the end of the year, its chief executive said today.

John Corrigan's comments follow yesterday's E5 billion bond issue that covered nearly of the country's 2013 funding needs.

"We will aim to have between 12-15 months of funding come the end of December done. That leaves a small amount to do," the NTMA chief said.

"We may tap the market opportunistically or we may return to a small auction programme,'' he added.