The National Treasury Management Agency has raised €1.5 billion in its latest auction of Government bonds.
The NTMA said bids received for the bonds amounted to just over €4.9 billion. It says it has now raised €10.2 billion this year - just over half of its €20 billion target for this year.
The €1.5 billion comprised €500m from a 4.6% treasury bond due to mature in 2016 was issued, and €1 billion from a 4.5% 2020 bond. The yield on the 10-year bond was 4.426%, around 1.3 points higher than the benchmark German bond.
The next auction is scheduled for April 20.
