All eyes on interest rates as NTMA prepares to borrow €1.5bn

The National Treasury Management Agency (NTMA) will try to raise up to €1.5bn for the Exchequer in a bond auction tomorrow.

Mon, 20 Sep, 2010 - 08:16

The National Treasury Management Agency (NTMA) will try to raise up to €1.5bn for the Exchequer in a bond auction tomorrow.

Rates rose to 6.37% last week, and tomorrow it will be revealed whether the money the State is seeking to borrow will have interest of that level charged on it.

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