NTMA advised to move quickly in raising €20bn

The National Treasury Management Agency (NTMA) should tap some of its older bonds when raising around €20 billion in new debt this year, according to a leading bond strategist.

3rd January, 2009

The National Treasury Management Agency (NTMA) should tap some of its older bonds when raising around €20 billion in new debt this year, according to a leading bond strategist.

Ciaran O’Hagan, fixed income strategist at Société Générale, said the agency would be well advised to raise the money as soon as possible, and before the situation in the international bond market got any worse.

Referring to...

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