NTMA announces bond auction
The National Treasury Management Agency (NTMA) has announced the schedule for the sale of Irish Government bonds for the first quarter this year.
Two bond auctions are to be held on Thursday 9th February and Thursday 9th March respectively, subject to market conditions.
Details of the bond auctions will be announced on Monday, 6th of February and Monday, 6 March 6 th.
A treasury bill auction will also be held in the first quarter of the year. Details of this auction will be announced on March 13th.
The NTMA borrowed €4bn last week at a rate of just 1.7pc.