Ireland raises €500m in T-bill auction
November 15, 2012 Irish Independent
The National Treasury Management Agency (NTMA) of Ireland has raised €500m in short term money in an auction that was more than four times over-subscribed.
The Treasury Bills, which have a maturity of three months, were sold at a yield of 0.55pc.
The agency, which manages the country’s debt, said the auction will be the last this year.
Earlier this week Bank of Ireland returned to the bond markets and raised €1bn - without using the government guarantee.
Company — Ireland
Full nameThe Republic of Ireland