NTMA raises €1.25 billion in bond auction
The National Treasury Management Agency has raised €1.25 billion this morning in an auction of Irish bonds.
Today’s auction brings the total raised by the NTMA so far this year to €13.25 billion.
The amounts raised include €600m on the existing 1.1% Treasury Bond 2029 at a negative yield of -0.094%.
€325m was raised on the 1.7% Treasury Bond 2037 at a yield of 0.477%
and €325m was raised on the 2% Treasury Bond 2045 at a yield of 0.717%.
The NTMA’s target funding range for this year is between €16 billion and €20 billion.