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€500m raised in sale of government debt


There has been another successful sale of Irish government debt on the international markets.

The National Treasury Management Agency has raised a target of €500m through an auction of short-term Treasury Bills today.

The number of bids received amounted to almost four times the level of the offer being auctioned.

The NTMA said the bills - which have a maturity of three months - were sold at a rate of 0.2%.


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