A bond is debt investment. An investor loans money to a company and the company is expected to pay the money back after a ceratain amount of time with interest.
Many sensible individuals are now rightly worried about the security of their savings and investments, writes David Quinn who says diversification is key.
It’s back on the agenda as the Irish government seeks a deal to avoid paying back €3.06 billion due in March, but what do you want to know about those pesky promissory notes?
The only one of Ireland’s main banks not under State control makes the final payment to bondholders today bringing to over €20 billion the amount paid out by it and other banks this year.
Finance Minister Michael Noonan has said that an attempt to verify exactly who the bondholders who received €1 billion this week are would be an “irretrievable” step towards default.
In the latest sign of a growing rift within the ECB, Jens Weidman criticised the ECB chief’s policies on buying member state bonds to drive down borrowing costs.
Honohan welcomed a yesterday’s comments by ECB President Mario Draghi – saying that it marked an important step for Ireland and the rest of the Eurozone.
MINISTER ALAN SHATTER has confirmed that his 23-year-old novel Laura will hit bookshelves early next week.
The Fine Gael TD told Morning Ireland that the publisher, Poolbeg, had asked for permission to republish it following renewed interest because of recent media attention.
Reports this morning revealed that a fresh complaint about the 1989 book has been made to the Censorship of Publications Board. It is unclear what the nature of the complaint is but books can be banned in Ireland for two reasons: because they are indecent or obscene or for advocating the procurement of abortion or miscarriage.
So, today we’re simply asking: Will you read Alan Shatter’s novel Laura?
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