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NTMA sells €1 billion in latest 10 year bond auction

The NTMA has now raised €7.5 billion from its stated target range of €6-10 billion in the bond markets this year
The NTMA has now raised €7.5 billion from its stated target range of €6-10 billion in the bond markets this year

The National Treasury Management Agency said today it has sold €1 billion of 10 year Irish Government bonds at a yield of 0.495%.

After today's auction, the NTMA has raised €7.5 billion from its stated target range of €6-10 billion in the bond markets this year.

The agency said that total bids received amounted to just over €2 billion, which was twice the amount on offer.