Ireland sells €500m of Treasury Bills by auction

20 March 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 €1.902 billion which was 3.8 times the amount on offer. The Treasury Bills, which have a maturity of three months, were sold at an annualised1 yield of 0.20%.

MaturityAmountAnnualised YieldCover
23 June 2014 €500m0.20%

3.8 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
21 January 2021

Ireland sells €750m of Treasury Bills by auction

Read More
18 January 2021

Auction of Irish Treasury Bills

Read More
6 January 2021

NTMA Auction Schedule for Quarter 1, 2021

Read More
5 January 2021

NTMA raises €5.5 billion from sale of new 10-year benchmark bond

Read More
4 January 2021

NTMA Institutional Investor Presentation, January 2021

Read More
4 January 2021

Ireland announces mandate for new 10-year bond

Read More