Enda Kenny said this week's €3.5 billion-euro bond switch was a “sign of confidence” from investors as the government seeks to return to international credit markets and exit its bailout program by the end of 2013.
Investors switched about 30 percent of government debt due in 2014 for a new note maturing in 2015, marking the most significant move since bond auctions were suspended in September 2010.
“We would expect to be out of the programme by the...
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