Treasury bills sale could see Irish borrowing costs fall

Ireland’s borrowing costs may fall today, at its third sale of treasury bills since re-entering international credit markets, Davy, the Dublin-based securities firm said.

18th October, 2012
Treasury bills sale could see Irish borrowing costs fall
The National Treasury Management Agency in Dublin.

Ireland’s borrowing costs may fall today, at its third sale of treasury bills since re-entering international credit markets, Davy, the Dublin-based securities firm said.

The National Treasury Management Agency may sell the treasury bills maturing on January 21st at a yield of 0.5 per cent and 0.65 per cent, compared with a yield of 0.7 per cent on similar securities sold in September, Eamonn Reilly, a bond trader at Davy, said in an e-mail.

“Demand for...

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