NTMA has raised 87% of its funding for this yearThursday 10 July 2014 10.53
The National Treasury Management Agency has sold €500m of the benchmark 10-year Irish Government bond at a yield, or interest rate, of 2.315%.
The NTMA said that total bids received amounted to €1.370 billion - 2.7 times the amount on offer.
After today's auction, the NTMA has raised €7 billion in the bond markets so far this year which is more than 87% of its funding target of €8 billion for the full year.
The agency said that today's auction completes the bond auction schedule for the third quarter of this year.