Ex Post Facto: Behind the stories

Bonds not a one-way bet,despite the blessing

26th January, 2014
Former Bloxham chief executive Pramit Ghose.

Much of the talk after the Moody's upgrade was attracting new investment into Irish bonds from the Middle East and Far East. This should be possible - but it will be a long-term project, as most of these investors have little history of putting cash in here. In the short-term, most of the action will still be from European and US investors. Irish bond prices pushed ahead early in the week and, while they eased...

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