NTMA completes €750m bond auction

The National Treasury Management Agency (NTMA) has today completed an auction of €750m of the benchmark 10-year Irish Government 1% Treasury Bond 2026, at a yield of 0.817 %.

Total bids received amounted to €1.774bn which was 2.4 times the amount on offer.

With the completion of today’s auction the NTMA has raised €4.75bn from its stated target range of €6-10bn in the bond markets this year.