The National Treasury Management has today sold €1.5 billion of five, 10 and 14-year bonds at auction at yields of between -0.5% and 0.3%.

Today's auction was at the top end of the NTMA's €1 billion to €1.5 billion range.

The agency has now raised €14.75 billion of its €16-20 billion bond sales target for the year.

The NTMA is due to hold another bond auction in September.