The National Treasury Management has today raised another €1.25 billion in a dual bond sale.

Today's auction increases the agency's total issuance of benchmark bonds since the start of the year to €12.5 billion.

It has set a target to raise €14-18 billion from bond issues this year. 

The NTMA said it sold €950m of 2028 bonds at a yield of 0.818% and €300m of 2045 bonds at a yield of 1.638%.

The agency said both auctions were oversubscribed.