The National Treasury Management Agency (NTMA) has sold €1 billion of 10-year bonds at a record low yield of 1.63 per cent.
This was somewhat below the yield of 2.3 per cent it paid at a similar auction in July.
The auction received 2.5 times more bids than the value of the paper on offer, the agency said.
The NTMA said it had now completed its €8billion pre-funding target for this year.
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The agency will carry out a Treasury Bill auction on November 20th. Such sales of short-term debt generally raise in the region of €500 million and the debt typically matures at three months.
