Government raises €750m in 10-year bond auction
THE Government has raised €750m in a 10-year bond auction.
According to the National Treasury Management Agency (NTMA),
the auction was completed at a yield of 0.817pc.
Total bids received amounted to €1.774bn which was 2.4 times the amount on offer.
Including today's transaction, the NTMA has raised €4.75bn from its stated target range of €6bn - 10bn in the bond markets this year.
The deal was done against the backdrop of ongoing discussions on the formation of a new government.