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.
The NTMA said it had now raised €6.5 billion from its stated...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team