Wednesday 28 June 2017

NTMA to auction off €500m of treasury bills on Thursday

NTMA Chief Executive Conor O Kelly
NTMA Chief Executive Conor O Kelly
Michael Cogley

Michael Cogley

The National Treasury Management Agency (NTMA) is to auction off half a billion euros of treasury bills this Thursday, March 10.

The NTMA will offer bills with a six-month maturity up to September 19 of this year.

The action runs for two hours from 8.30 am to 10.30 am on Thursday morning.

The auction will be conducted on the Bloomberg Auction System and is confined to recognized primary dealers and eligible counterparties.

Bills will be listed on the Irish Stock Exchange and primary dealers are subject to the normal reporting obligations to the Exchange.

A non-competitive auction will immediately follow the competitive auction and will close on Thursday 10 March 2016 at 4 pm.

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