Tuesday July 14, 2020

State to woo ratings agencies

With Moody's still rating us 'junk', the path back to the markets will be a rocky one, unless we can convince it to return us to investment grade, write Ian Kehoe and Jon Ihle.

7th July, 2012
Michael Noonan, Minister for Finance: Ireland hopes to get its investment status upgraded. Photo: Getty

The state is intensifying its efforts to win back the confidence of the highly influential ratings agencies as it tries to maintain its momentum to re-enter the international debt markets by the end of next year.

The National Treasury Management Agency (NTMA) is preparing to brief the main agencies on Ireland's economic progress under the troika bailout programme, in an effort to get the state's poor investment status upgraded.

The agency is directing particular focus...

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