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IRELAND TODAY SOLD €1 billion worth of ten-year debt, with a recording-breaking low yield.
The ten-year bonds had been expected to sell with an interest rate of 3.018%. However, that figure was surpassed today, as the National Treasury Management Agency (NTMA), sold the bonds for a total yield of 2.967%.
In total, there were bids of over €2.8 billion for the government debt, with the NTMA’s John Corrigan saying the sale represents a successful return to the markets for Ireland.
“The completion of today’s auction marks Ireland’s full return to the markets for the first time since September 2010 and brings to a successful conclusion the NTMA’s programme for a phased return to the markets carried out over the past two years.
“The €1 billion funding raised today, together with the €3.75 billion raised in the syndicated issue on January 7, amounts to almost 60 percent of our funding target of €8 billion for the full year.”
Previous high yield rates, which reached 15%, had precluded Ireland from borrowing from the markets, necessitating a Troika bailout. Seven per cent is seen as the upper amount a country should borrow at.
The restoration of Ireland’s credit rating by ratings agency Moody’s is seen as a major step on the road to recovery.
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So landlords attack tenants for not paying rent, when in fact the reason is they moved banks and the tenant in question is a surgeon who had the presence of mind to put the rent aside.
The gardaí were only interested in asking if rent was owed and completely disregarded the attack with, what we can all agree is a deadly weapon. Yeah, that’ll encourage medical professionals to stay in Ireland alright. Of course no arrests and nobody held accountable. Great little country.
Tenner bets the aul fella changed from Ulster Bank or KBC or whatever, forgot to tell his tenants and then decided it was the tenant’s fault when he couldn’t get the rent!
The Gardai are thinly veiled revenue protection for landlords!
It’s well known that attacking someone with a motorised saw is a civil matter….
In cloud cuckoo land.
It’s not a civil matter when someone tries to physically attack you, irrespective of the payment or not. Solicitors give clients many reasons to do or not do things, in the end the decision to act or not is the person involved. Lastly, racial abuse should not be tolerated whether from the landlord or the Gardai!
It’s mad how much Fine Gael and Fine Fail wanted to cry over a photoshopped painting last week and have no comment on this very terrifying situation. I imagine FF/FG spin doctors are working overtime in HQ tonight trying to frame this on Mary Lou somehow.
@Pat Barry: You must have only skimmed the article. The landlord switched bank accounts and didn’t inform the tenant of the new details, so of course when the tenant tried to pay, his payment bounced back and the landlord didn’t answer the phone. Couldn’t be any more cut and dry that the tenant has done nothing wrong.
Impressive show from our law enforcement agency
The rulebooks in this country need to be updated! Non stop drama with properties. Between prices, supply, tax and mortgage rules.. The lot of it stinks, and must be normalised.
Ballinasloe Circular Saw Massacre.
What a scuumbag landlord. What a useless response by the cops.
That sort of thing happens all the time here in Ireland. The Gardai have no interest. The jails would be full if everytime someone was attacked with a chainsaw they arrested the assailant. I’m somewhat surprised to see this story hitting the headlines. There must be an ulterior motive.
With the judges of this country, Garda has no point existing, they would release a mass murderers after a slap on the wrist.
@Yvon Queguiner: They let a guy in wanted buy interpol for 2 seriously offences, no problem!
@Pat Barry: Id i ot
There are some awful thick people in this country.
@Sylvia Power: Yadda, yadda, yadda.
@Pat Barry: go on away back to bed with yourself…
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