NTMA sells €500m of bills at 0.18% yield

The National Treasury Management Agent sold its targeted amount of €500 million worth of three month Treasury Bills in an auction this morning.

19th September, 2013
NTMA headquarters.

The National Treasury Management Agent sold its targeted amount of €500 million worth of three month Treasury Bills in an auction this morning.

The average yield on the sale was 0.18 per cent compared to 0.2 per cent in a similar auction in July. Total bids received amounted to €1.671 billion. The bid-to-cover ratio - the number of bids received for the bills compared to the number available for sale at the auction - was...

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