Saturday October 31, 2020

COMMENT: Irish toes are back in the market

A debt issue today from ESB and news of a likely one from Bank of Ireland, serve to nderline the reasonably good view of Ireland among investors right now, writes Cliff Taylor.

12th November, 2012
Investors seem willing to buy our debt at prices a good deal lower than was the case six months ago, writes Cliff Taylor.

There is something up. We reported at the weekend that the National Treasury Management Agency was actively looking at a new issue of medium to long term debt, which is expected to happen in the next week or two.

Market experts believe that an issuance of debt of around five years could be done at around 4 per cent, or perhaps a bit lower. This would be pointed to by the government and the troika...

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