NTMA: Sharp fall in Irish long-term debt interest rates19/07/2012 - 16:46:02
The National Treasury Management Agency has said there has been a sharp fall in Irish long-term debt interest rates.
The NTMA said the yields being sought by investors have dropped to over 6%, compared to more than 15% this time last year.
The agency is planning to make a full return to the 10-year international markets this year or early next year.
NTMA chief executive John Corrigan said they would hold three or four more short term debt auctions of three-month treasury bills first.
more stories like this:
- once per day, no spam.