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What is National Treasury Management Agency mean?
The National Treasury Management Agency (NTMA) (Irish: Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta) is the agency that manages the assets and liabilities of the Government of Ireland. It was established on 1 December 1990 to borrow for the Central Fund and manage the national debt. Since then it has been expanded greatly, for example it now manages the National Pensions Reserve Fund and acts as Ireland's agent for the purchase of carbon credits.
The National Asset Management Agency was established in December 2009 under the aegis of the agency to handle the Irish financial crisis and the deflation of the Irish property bubble.
NTMA also handles the €8.1 billion Ireland Strategic Investment Fund, a sovereign wealth fund established on 22 December 2014.
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Posted on 15 Oct 2024, this text provides information on Miscellaneous in Business related to Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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