NTMA €500m Auction in short-term debt

The National Treasury Management Agency (NTMA) announces an auction of Treasury Bills (‘Bills’) on Thursday 17 January 2013. The NTMA will offer €500 million of Treasury Bills with a three-month maturity similar to the last Treasury Bills auction in November 2012.

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

Details of the auction on 17 January are as follows:

• Auction Size:              €500 million
• Maturity:                      22 April 2013
• ISIN Code:                 IE00B7RQGR86 (new line)
• Auction Opens:         9:30 a.m.
• Auction Closes:        10:30 a.m.
• Settlement Date:      21 January 2013

The auction will be conducted on the Bloomberg Auction System and is confined to recognised 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 17 January at 4 p.m.

For further information please see Information Memorandum on Irish Treasury Bills.