Markets

NTMA sells €1bn of bonds with strong demand

10 year bonds received double the amount of necessary bids

The National Treasury Management Agency (NTMA) completed a €1 billion bond sale on Thursday. Picture: Getty

The National Treasury Management Agency (NTMA) completed a €1 billion bond auction on Thursday, with its ten year bonds receiving double the amount of necessary bids.

The NTMA sold €500 million of 2034 bonds priced at 2.749 per cent with €1.156 billion worth of bids received.

It also sold €500 million of green bonds due to mature in 2043 at a yield of 2.949 per cent with €760 million of bids received. Green bonds are ...