Ireland to sell EUR500 million bonds

Note: This section contains information in English only.
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

Orders for German factories unexpectedly rose in May. Demand mainly came from Europe and an increase was equal to 0.6% compared to April indicators. Investment goods sales rose by 0.2%, whereas orders from EU jumped by 11%. Experts attributed an increase to active exporting and record low unemployment rate in Germany. Meanwhile  the ECB may cut interests rates on Thursday 04.07.2012 to stimulate lending and

Thu, 05 Jul 2012 16:39:40 GMT

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