Concern voiced over future government funding

The government is ‘‘living very close to the edge’’ and ‘‘could run through its cash very quickly’’, despite last week’s successful €4 billion bond issue, according to a senior bond analyst at French bank Société Générale.

8th November, 2008

The government is ‘‘living very close to the edge’’ and ‘‘could run through its cash very quickly’’, despite last week’s successful €4 billion bond issue, according to a senior bond analyst at French bank Société Générale.

Ciaran O’Hagan, the head of Paris fixed income research at the bank, said the ability of the National Treasury Management Agency (NTMA),...

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