The National Treasury Management Agency said it sold €1 billion of 2030 bonds at its final planned auction of the year today at a yield of 1.65%.

This was below the 1.8% the NTMA paid at an auction in September. 

The auction received 2.3 times more bids than the amount on offer. 

The NTMA is already fully funded for the rest of the year and has raised €13 billion out of its guided range of €12-15 billion of debt to fund the state for 2016.