Global bond market moves have had huge benefits for taxpayers, but will record low borrowing costs continue?
Last month, I spent some time with Frank O’Connor, the man responsible for managing the state’s €200 billion of debt at the National Treasury Management Agency. Having raised a further €750 million of debt last week, the NTMA has pretty much secured all of the cash the state needed this year to meet debt repayments and the day-to-day borrowing needs to fund public services.
What has been remarkable was the low...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures