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Irish debt agency sells €1B of bonds

Ireland's National Treasury Management Agency has completed the sale of €1 billion worth of bonds in a dual auction.

The debt agency sold a four-year €500 million bond with a yield of 0.109% and a 10-year €500 million bond with a yield of 1.07%. The bonds attracted bids of roughly €1.35 billion and €1.25 billion, respectively.

With the completion of the auction, the agency said it has issued €6.25 billion benchmark bonds so far in 2018.