Ireland sells €500m of Treasury Bills by auction

Thursday 20 November 2014 – The National Treasury Management Agency (NTMA) has today completed an auction of Irish Treasury Bills, selling the target amount of €500 million.

Total bids received amounted to €1.875 billion which was 3.75 times the amount on offer. The Treasury Bills, which have a maturity of six months, were sold at an annualised* yield of 0.044%.

MaturityAmountAnnualised YieldCover
25 May 2015€500m0.044%3.75 times

* Market convention is to quote the yield on an annualised basis i.e. the rate of interest that would apply if the investment term was one year. As these bills have a six-month maturity, the actual interest cost on them is proportionately less than the annualised rate.

Latest News
19 September 2023

NTMA Institutional Investor Presentation, September 2023

Read More
14 September 2023

Ireland sells €1 billion of bonds maturing in 2027 and 2045 by auction

Read More
11 September 2023

NTMA to hold scheduled bond auction on 14 September 2023

Read More
7 September 2023

NTMA completes cancellation of the remaining Floating Rate Bonds issued in 2013 in connection with the Irish Bank Resolution Corporation Act

Read More
1 September 2023

NTMA increases rates for State Savings products

Read More
2 August 2023

NTMA Institutional Investor Presentation, August 2023

Read More