Thursday 23 March 2017

Government to raise €500m in short-term funding

Ailish O'Hora

Ailish O'Hora

Brendan McDonagh of the NTMA and NAMA
Brendan McDonagh of the NTMA and NAMA

THE Government is to raise €500m in a T-Bills auction on Thursday.

The auction, by the National Treasury Management Agency, follows a €750m bond auction last week.

 Some €4bn was raised by the NTMA the previous week with the issuing of the first 30-year bond.

The NTMA is looking to raise €12bn-€15bn in long-term bonds this year.

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