After a 3 month hiatus away from the bond markets, Ireland sold €3 billion worth of 10 years Government bonds yesterday which was vastly oversubscribed. In fact only German bond yields are lower than Ireland’s these days which is a long way from 2010 when we went into a bailout because no one would lend us money.
Joining Joe this morning was Dave McEvoy Director of Funding and Debt Management with the NTMA.