Ireland to sell EUR500 million bonds

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Source: Bloomberg
The Ireland  National Treasury is set to sell EUR500 million of five-month bonds as a consequence of the favorable outcome of the EU Summit on June 28-29. Previously, Ireland sold EUR 400 million of bills, maturing in 4 1/2 month and 6 1/2 months with average yield of 1.907 and 2.23%. The result is a positive indication of Ireland re-entering the public debt market and trying to further deal with the improvement of its financial position, said Ben May,  economist from Capital Economics.

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Thu, 05 Jul 2012 12:03:39 GMT

Demand for German goods rises

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