The National Treasury Management Agency (NTMA) successfully tapped the markets for a further €500m in three-month treasury bills yesterday.

The National Treasury Management Agency (NTMA) yesterday raised €1.02bn through its first issue of amortising bonds, with an average yield of 5.91% and with maturities ranging from 15 to 35 years.

DANSKE Bank A/S doesn’t expect loan losses at its Irish unit to improve until next year as the housing market takes longer to recover than the lender first estimated.