Bond auction raises €1.5bn

Two government bonds were this morning auctioned by the National Treasury Management Agency (NTMA) raising a combined total of €1.5bn, the NTMA said.

Two bonds were offered in the auction, the 4.0% Treasury Bond 2014 and the 4.5% Treasury Bond 2020. The overall total amount of the two bonds offered in the auction was in the range of €1bn to €1.5bn.