NTMA sells 10-year bonds at 0.33 per cent yield

Investors shrug off Apple controversy in latest auction

NTMA sells 1 billion of 10-year bonds

The National Treasury Management Agency has sold €1 billion of 10-year government bonds at an average yield of 0.33 per cent, a record low, as investors appeared to brush off the controversy over Apple's tax arrangements.

Bids worth €2.45 billion were made for the bonds. The yield was lower than the 0.82 per cent on the last tranche of 10-year bonds sold by the NTMA.

Yields on Irish debthave hit record lows in ...