The head of the National Treasury Management Agency (NTMA) says Ireland is making significant progress towards a sustainable market re-entry.
The NTMA will hold a 2nd short-term bond auction tomorrow.
It will sell €500 million worth of 3-month treasury bills.
John Corrigan said Ireland still faces challenges but investors have been encouraged by positive signs from the economy and Irish adherence to the Troika bailout.
He was speaking at a Chartered Accountants event in Dublin this afternoon.
He said his primary objective had been to tackle the “funding cliff” presented by €12 billion worth of bonds maturing in January 2014.
That has now been reduced to €2.4 billion.
And along with events in Germany this morning Mr. Corrigan says Ireland is on course to a sustainable market re-entry.
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