NTMA completes auction of €1bn Government bond

NTMA completes auction of €1bn Government bond

The National Treasury Management Agency (NTMA) has today completed an auction of €1bn of the benchmark 15-year Irish Government bond, the 2.4% Treasury Bond 2030, at a yield of 1.8157%.

Total bids received amounted to €2.745bn - 2.75 times the amount on offer.

With the completion of today’s auction the NTMA has raised €12bn from its stated target range of €12-15bn in the bond markets this year.

A further announcement on the NTMA’s auction schedule for the last calendar quarter of 2015 will be made on October 1.

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