Tag Archives: Ireland

Ireland promissory note deal in pipeline

Plenty of talk and negotiations that a deal is going to get done tonight on Ireland’s promissory note. Currently financing this note costs EU3.2bln a year. Talk of liquidating Anglo and transferring its assets to NAMA, then replacing the note … Continue reading

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Euro strength

Quick one here on the strength of the Euro and how it may impact on Ireland’s recovery efforts. The Euro has been on the charge of late strengthening across the board against all the major currencies around the world.  A … Continue reading

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Down but not out

Over the weekend reports came filtering in that the ECB had rejected a proposed deal from the Irish Government on the treatment of its promissory notes relating to the bailout of Anglo Irish bank.  As it stands Ireland has to cough up EU3.1 bln … Continue reading

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More encouraging signs from Ireland- #COYBIG

Another good auction result for Ireland today: Just sold EU500mln in 3-month t-bills with a yield of .55% and the bid to cover ratio (demand) was strong at 4 times covered. Yield has fallen by 15bps from previous issuance. Good … Continue reading

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Irish retails sales gain +.9% MOM from the previous months + .4% #COYBIG

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