Ireland Sells €1,000 million of its 10-Year bond by auction

11 February 2016 – The National Treasury Management Agency (NTMA) has today completed an auction of €1,000 million of the benchmark 10-year Irish Government bond, 1% Treasury Bond 2026, at a yield of 0.999%.

Total bids received amounted to €1,812 million which was 1.8 times the amount on offer.

Maturity Amount Yield Cover
15 May 2026 €1,000m 0.999% 1.8 times

With the completion of today’s auction the NTMA has raised €4 billion from its stated target range of €6-10 billion in the bond markets this year.