Ireland sells €500m of Treasury Bills by auction

19 June 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 €2.1 billion which was 4.2 times the amount on offer. The Treasury Bills, which have a maturity of three months, were sold at an annualised1 yield of 0.105%.

MaturityAmountAnnualised YieldCover

22 Sept 2014



4.2 times

1 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 three-month maturity, the actual interest cost on them is proportionately less than the annualised rate.

Latest News
1 July 2020

NTMA Issuance Schedule for Quarter 3, 2020

Read More
18 June 2020

Ireland sells €750m of Treasury Bills by auction

Read More
15 June 2020

NTMA delivers 2020 midyear update - Agency also publishes its 2019 Annual Report

Read More
15 June 2020

Auction of Irish Treasury Bills

Read More
9 June 2020

NTMA raises €6 billion from sale of new 10-year benchmark bond

Read More
8 June 2020

NTMA Institutional Investor Presentation, June 2020

Read More