Government to raise €500m in T-bill auction
Published 17/09/2013 | 10:14
THE National Treasury Management Agency (NTMA) is to raise €500m of three-month money on Thursday.
The body that manages the country's debt successfully auctioned €500m of T-bills in July when they were sold at a yield of 0.2pc.
Raising funds has been a priority for the Government as it plans to exit the EU/IMF/ECB bailout programme at the end of the year.
In July, the NTMA chief John Corrigan said the country was on target with its funding plans ahead of the exit.