Bondholders voice concern over Ireland’s ‘elevated’ debt

Cost of borrowing for 10 years for the Irish state has dropped to a record low level of just 0.3%

30th October, 2016
Frank O’Connor of the NTMA: ‘Investors are postive about Ireland’ Picture: Fergal Phillips

Ireland’s national debt remains “elevated” and international bond investors want the country to continue to bring it down further, according to the head of the National Treasury Management Agency’s funding unit.

Frank O’Connor, director of funding and debt management at the agency, told The Sunday Business Post that although investors have a very positive sentiment to Ireland, they want the government to continue to ensure it meets targets of...

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