Government raises €500m in T-Bill auction
Published 19/06/2014 | 10:58
THE Government has raised €500m in a short-term money auction.
The National Treasury Management Agency (NTMA), which manages the country's debt, raised the target amount in T-Bills.
Total bids received amounted to €2.1bn which was 4.2 times the amount on offer.
The Treasury Bills, which have a maturity of three months, were sold at an annualised yield of 0.105pc.