The National Treasury Management Agency (NTMA) held an auction of Irish Government bonds on Tuesday 15 September. Two bonds were offered in the auction, the 4.0% Treasury Bond 2014 and the 4.5% Treasury Bond 2020. The overall total amount of the two bonds offered in the auction was in the range of €750 million to €1 billion and the latter was the amount raised to fell the red ink gap in the Irish public finances.
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