NTMA to sell €500m of short-term debt this week

State’s debt agency will auction 12-month Treasury Bills on Thursday

The National Treasury Management Agency plans to sell €500 million of short-term debt, known as Treasury Bills, on Thursday.

The bills will be due to be repaid in a year, the NTMA said in a statement.

The State’s debt agency has also sold €6.5 billion of long-term bonds so far this year, compared to its full-year targeted issuance of between €9 billion and €13 billion.

Joe Brennan

Joe Brennan

Joe Brennan is Markets Correspondent of The Irish Times