The National Treasury Management Agency has raised €6 billion in its largest bond sale for a decade in order to fund some of the state’s response to Covid-19.
The NTMA raised the funds through the syndicated sale of a new seven-year bond today with a yield of about 0.24 per cent. It had been reported before the auction that it had expected to raise €3-4 billion.
“This demand highlights the progress Ireland has...
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