Ireland Raises 1 Billion Euros in First Bond Auction Since 2010
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Ireland raised 1 billion euros ($1.4 billion) in its first bond auction since September 2010, cementing its return to international credit markets.
The Dublin-based National Treasury Management Agency sold the 2024 bonds to yield 2.967 percent, the organization said on its website. That’s the lowest on record for a 10-year auction. Investors bid for 2.9 times the amount of debt sold.