Government raises €500m in treasury bills auction
THE Government has raised €500m in a treasury bills auction through The National Treasury Management Agency (NTMA)
THE NTMA said total bids received amounted to €1.902 billion which was 3.8 times the amount on offer.
The Treasury Bills, which have a maturity of three months, were sold at an annualised yield of 0.20pc.
Last week, the Government successfully raised €1bn in a post-bailout bond auction.