Auction of Irish Treasury Bills announced

The NTMA has announced an auction of Treasury Bills (‘Bills’) on Thursday 15 May 2014. The NTMA will offer €500 million of Treasury Bills with a three-month maturity.

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Details of the auction on 15 May are as follows:

• Auction Size:             €500 million
• Maturity:                    18 August 2014
• ISIN Code:                 IE00B89L8169  (new line)
• Auction Opens:          09:30 a.m.
• Auction Closes:         10:30 a.m.
• Settlement Date:       19 May 2014

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 15 May at 4 p.m.