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Strong demand for Treasury Bills at auction

Strong demand for six month Treasury Bills
Strong demand for six month Treasury Bills

The National Treasury Management Agency has sold €500m of Treasury Bills at an auction today. 

The agency said that total bids for the bills amounted to €1.745 billion, which was almost three and a half times the amount on offer. 

The Treasury Bills have a maturity of six months and were sold at an annualised yield of 0%..