Business Irish

Friday 17 November 2017

Government raises €500m in T-Bill auction

Head of NTMA John Corrigan
Head of NTMA John Corrigan

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.

Online Editors

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business