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NTMA raises €500m in Treasury Bill sale

NTMA said total bids received for T-bills amounted to €1.9 billion
NTMA said total bids received for T-bills amounted to €1.9 billion

The National Treasury Management Agency today raised its target of €500m from an auction of Treasury Bills.

The agency said that total bids received amounted to €1.9 billion, which was 3.8 times the amount on offer. 

The bills, which have a maturity of three months, were sold at a yield of 0.2%.