NTMA announces Irish Treasury bills auction

The National Treasury Management Agency (NTMA) announces an auction of Treasury Bills (‘Bills’) on Thursday 18 April 2013. The NTMA will offer €500 million of Treasury Bills with a three-month maturity similar to the last Treasury Bills auction in March.

This will be the fourth auction of 2013 and, subject to market conditions, will be followed by two further monthly auctions in the second quarter of the year. Further announcements regarding Treasury Bills auctions in 2013 will be made in due course.

Details of the auction on 18 April are as follows:

• Auction Size: €500 million
• Maturity: 22 July 2013
• ISIN Code: IE00B54T0F25 (new line)
• Auction Opens: 09:30 a.m.
• Auction Closes: 10:30 a.m.
• Settlement Date: 22 April 2013

The auction will be conducted on the Bloomberg Auction System and is confined to recognized Primary Dealers and Eligible Counterparties. Bills will be listed on the Irish Stock Exchange and Primary Dealers are subject to the normal reporting obligations to the Exchange.

A non-competitive auction will immediately follow the competitive auction and will close on Thursday 18 April at 4 p.m.

For further information please see

http://www.ntma.ie/business-areas/funding-and-debt-management/short-term-instruments/