Irish yields fall sharply as bond sale draws strong demand

LONDON: Irish 10-year government bond yields fell sharply on Tuesday as a bond sale via syndication drew strong demand, traders said. Indications of interest for Ireland's new 10-year bond - its first sale since it exited its EU/IMF bailout - exceeded 9 billion euros according to a market source quoted by IFR.

"The book is over 9 billion euros, which is very big," one trader said.

Ten-year yields fell 9 basis points to 3.275 percent, their lowest since at least 2009, according to Reuters data.