NTMA prepares for bill auction
The National Management Treasury Agency plans to sell €500 million of short-term debt this Thursday in its fourth sale of treasury bills since re-entering public debt markets in July.
The NTMA said in a statement today the treasury bill sale will be its last such auction this year.
The bills mature on February 18, according to the NTMA.
The agency last sold three-month debt on October 18 at a yield of 0.7 per cent with a bid-to cover ratio of 3.6 times.