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File photo of the Irish Stock Exchange. Sam Boal/Photocall Ireland

Another €500m of T-Bills for sale this week

The NTMA will hold another auction this Thursday as it attempts to help Ireland return to normal lending markets.

THE NATIONAL TREASURY Management Agency (NTMA) has announced it will hold another auction of €500 million of Treasury Bills this week.

The auction will take place this Thursday with a three-month maturity to 19 August offered on the bills.

In April, the NTMA sold the same amount of bills with total bids received for them amounting to 4.8 times the amount on offer. The bills sold last month had a yield of 0.19 per cent.

These auctions are part of a series of sales by Ireland as it attempts to return to normal lending markets.

The sale on Thursday will be conducted on the Bloomberg Auction System and bills will be listed on the Irish Stock Exchange.

Read: Ireland sells €500m of Treasury Bills at auction>
Read: Ireland buys back €500 million of its own bonds>

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5 Comments
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    Mute Itiswhatitis
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    May 14th 2013, 11:20 AM

    Shower of delusional shi*s. We will need another bailout.

    28
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    Mute Rick MacRory
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    May 14th 2013, 2:51 PM

    I find it quite remarkable that a quick coffee break and a skimming of the Journal puts me in direct contact with such economic brilliance ! You remarkable insight and depth of vision. What wipes me out altogether is the pithy way you express yourself and have the modesty to hide yourself from us with a nom de plume like Itswhatitis .
    We should worship at your feet…….after you get appropriate treatment.

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    Mute Dermot Purcell
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    May 14th 2013, 11:30 AM

    another bail out or watch your bank accounts being raided it happened before it will happen again .

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    Mute Begrudgy
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    May 14th 2013, 12:10 PM

    Irish government will not touch bank accounts. They will take the long way round and introduce more taxes and increase others. A direct hit on Bank accounts then this government better have there affairs in order before they pass to the other side.

    16
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    Mute tax slave
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    May 14th 2013, 12:05 PM

    I will ask my bank manager for a loan to buy some .he is such a nice man

    9
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