Ireland to auction 750 million euros of 10-year debt

DUBLIN: Ireland will auction 750 million euros ($1 billion) of 10-year debt on Thursday as it pursues its goal of pre-funding the state in full for 2015, the country's debt agency said on Monday.

Ireland, which raised debt periodically during a three-year EU/IMF bailout that ended last year, made a successful return to regular auctions in March and raised a further 1 billion euros of 10-year debt at record-low yields last month.

Dublin is already fully funded for 2014 and is aiming to raise 8 billion euros this year to complete pre-funding for 2015.

It has already raised over 70 percent from the two auctions and a 10-year issue in January.