NTMA raises €1.5bn through govt bonds auction

NTMA raises €1.5bn through govt bonds auction

The National Treasury Management Agency (NTMA) raised €1.5bn through its latest bond auction, which was held today.

The NTMA said that Ireland had now completed 90% of its long-term borrowing programme of €20bn for 2010. Allowing for cash balances, including the €5bn of long term funding carried over from last year, the Exchequer is now fully funded into the second quarter of 2011.

The NTMA offered two bonds in today’s auction, the 4.6% Treasury Bond 2016 and the 5% Treasury Bond 2020.

Today’s auction brings the total funds raised from the bond market in 2010 to €16.5bn. When account is taken of the €1.6bn raised in the domestic retail savings market, the total long-term funding raised so far this year amounts to €18.1bn.

The NTMA will hold the next auction on August 17.


More in this Section

FG dug 'imaginary sod' for Cork Event Centre, says MartinFG dug 'imaginary sod' for Cork Event Centre, says Martin

Mother calls on Department to step in after only one twin gets place in schoolMother calls on Department to step in after only one twin gets place in school

Sleepout to be held outside South Dublin Co Co to protest rise in council housing rentsSleepout to be held outside South Dublin Co Co to protest rise in council housing rents

Jumping spider sighting in Dublin believed to be first in IrelandJumping spider sighting in Dublin believed to be first in Ireland


Lifestyle

A calm chat with your child and listing the pros and cons can help you decide, Lisa Salmon discovers.Should I let my daughter get her ears pierced?

More From The Irish Examiner