Back to the bond markets!!!

Ireland, hasn’t enough to live on from the ‘bailout’ and wants to return to the bond markets.

independent.ie/business/irish/ireland-is-poised-to-return-to-the-bond-markets-in-test-of-investor-confidence-3147541.html

I hope that they do their due diligence, rather than accept what the spoofers from the NTMA are telling them about the great irish recovery.

Inverted commas courtsy of the Sindo.

Damn that “unhelpful” ongoing euro crisis.

Story made me smile, :slight_smile:

Anyone who thinks 90 day bills is a return to the bond market is disillusioned.

Even Greece can issue 90 day debt.

Issuing 5/10 year bonds, on a meaningful scale, is a return to the bond market.

Indeed - as FT Alphaville pointed out about Spain a couple of weeks ago: