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NAMA may repay IMF loans today

The National Treasury Management Agency could act as soon as today to repay some of our IMF loans. Y...
TodayFM
TodayFM

8:27 AM - 4 Nov 2014



NAMA may repay IMF loans today

News

NAMA may repay IMF loans today

TodayFM
TodayFM

8:27 AM - 4 Nov 2014



The National Treasury Management Agency could act as soon as today to repay some of our IMF loans.

Yesterday, the agency hired a gourp of six banks to sell a syndicated 15 year bond.

Between three and four billion could be raised through this sale, with the proceeds used to repay some of the IMF's 15-billion euro bailout.

Business journalist Ian Guider says there could be good savings for the Government:



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