Ireland to re-enter debt markets as soon as possible

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Ireland to re-enter debt markets as soon as possible → reuters.com/article/idUSLDE7060J720110107

• Varying maturities of EU/IMF loans avoid funding wall-NTMA

• NTMA says resolution of bank issues key to state funding

• “Bad bank” NAMA sold 2 bln eur worth of property in 2010

By Padraic Halpin

DUBLIN, Jan 7 (Reuters) - Ireland’s debt management agency said on Friday it would resume borrowing as soon as market conditions permit, noting that the country’s three year-EU/IMF funding support did not preclude it from doing so.
Ireland’s 85 billion euro EU/IMF bailout package agreed late last year provides 50 billion euros to cover its sovereign funding costs with the other 35 billion euros earmarked for the country’s ailing banking sector.
The yield on Irish 10-year bonds IE10YT=TWEB stood at 9.38 percent on Friday, well above the 5.8 percent interest rate offered by the package agreed in November as Ireland’s fiscal and banking problems threatened the wider euro zone.

there is more

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NTMA increasingly targeting Asia as traditional buyers shun Irish bonds - Jon Ihle → tribune.ie/business/news/art … tional-bu/

Institutions in the Far East now hold more Irish bonds than North Americans, who are longstanding buyers, NTMA chief executive John Corrigan said last week. The National Treasury Management Agency (NTMA) is looking further to Asia for bond buyers as traditional investors are shunning Irish debt following credit rating downgrades.
Many central banks and large pension funds are barred from owning Irish bonds since the most recent downgrade by ratings agency Moody’s in December. Moody’s cut Ireland’s rating by five notches just weeks after the government accepted a joint EU/IMF bailout package worth €85bn.

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Ireland’s so-called “bad bank” the National Asset Management Agency (NAMA), which is run under the aegis of the NTMA, approved the sale of close to 2 billion euros of its property assets in 2010, the NTMA’s statement added.

Anyone know where these properties are advertised for sale?