Bid to cover ration still healthy at over 3x

[2Pack]

The mess in Greece did not affect NTMA fundraising this month.

independent.ie/business/iris … 22564.html

he NTMA sold €500m of bonds due for repayment in 2014 and €1bn in 15-year bonds. Even this longer-term debt was over-subscribed three times.

With €6.5bn already raised, and €5bn carried over from last year, the NTMA has more than half the projected target funds it needs for 2010.

Not including NAMA in that 2010 number, NAMA is coming from some special Repo window in Frankfurt.

[Dreaded_Estate]

I never worry to much about the borrowing it is the paying it back that is the killer!