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# bondwatch - Wednesday 25 June, 2014

NAMA redeems €2.5bn in bonds

National Asset Management Agency recently reported profits of €211m.

# bondwatch - Monday 14 January, 2013

State-owned Permanent TSB pays €1.3bn to bondholders today

The repayment is part of over €17 billion that will be paid to bondholders by Irish banks in 2013.

# bondwatch - Thursday 13 September, 2012

Bond auction sees Ireland’s cost of borrowing fall dramatically

The NTMA successfully raises €500 million at a cost far lower than two months ago.

# bondwatch - Wednesday 12 September, 2012

Cost of borrowing for Ireland falls after German court ruling

The green light for the ESM from the German constitutional court has driven down the yield on Irish government bonds.

# bondwatch - Tuesday 11 September, 2012

NTMA to raise another €500m on bond markets this week

The treasury agency will auction €500 million of three-month bills on Thursday.

# bondwatch - Friday 7 September, 2012

ECB's bond-buying is not a breach of its rules - Merkel ECB

ECB's bond-buying is not a breach of its rules - Merkel

But that’s not what her Central Bank thinks…

# bondwatch - Thursday 6 September, 2012

ECB may buy Irish bonds at end of bailout programme ECB

ECB may buy Irish bonds at end of bailout programme

The European Central Bank’s new bond-purchasing programme will see the bank lend to countries coming out of bailout programmes.

# bondwatch - Thursday 5 July, 2012

Ireland returns to the markets today - here's what you need to know

The NTMA is set to try and raise money for the first time since Ireland was bailed out, with a €500m debt auction.

# bondwatch - Saturday 30 June, 2012

Everything you wanted to know about the bond markets but were too afraid to ask

Ireland’s ongoing struggle is to get back to the markets – but what ARE the bond markets? Here’s our grind.

# bondwatch - Tuesday 26 June, 2012

Spanish borrowing costs nearly triple in short-term auction

Spain issued some 3-month and 6-month bills this morning – but saw its rates rocket following its bailout request.

# bondwatch - Tuesday 19 June, 2012

Spanish auction sees cost of short-term loans rocket... again

Spain sold off €3 billion in 12-month bills, but paid the price as investors continued to demand a high premium for their money.

# bondwatch - Monday 18 June, 2012

Euro crisis: Spanish cost of borrowing hits 7pc as investors seek safety

The costs had fallen after Greece’s election, but are back up this morning as the fear of contagion remains…

# bondwatch - Tuesday 12 June, 2012

Euro crisis: Spain's cost of borrowing rockets as Lagarde warns of 'race against time'

If you were lending cash to the Spanish government for 10 years, you’d get an annual interest rate of 6.76 per cent.

# bondwatch - Monday 28 May, 2012

The Daily Fix: Monday Daily Fix This post contains videos

The Daily Fix: Monday

All the day’s main news as well as the bits and pieces you may have missed…

The 9 at 9: Monday

Every morning, brings you the nine things you need to know as you kick off your day.

# bondwatch - Friday 25 May, 2012

The world’s best-performing asset in the last year… Irish government bonds

Anyone who bought Irish bonds second-hand 12 months ago must be feeling pretty smug by now…

# bondwatch - Monday 21 May, 2012

Noonan dismisses plan for government bonds linked to tax income

Fianna Fáil’s Michael McGrath had asked the finance minister to consider a bond specifically linked to exchequer returns.

# bondwatch - Friday 4 May, 2012

Norway sells off its entire stash of Irish government bonds

The Norwegian sovereign wealth fund fears that Ireland and Portugal bonds are not ‘predictable’ and could default.

# bondwatch - Wednesday 11 April, 2012

ECB may re-enter bond markets after Italian auction flops

Investors declined the opportunity to buy short-term Italian bills this morning, seeing interest rates double from last month.

# bondwatch - Tuesday 10 April, 2012

Back to the markets: NTMA prepares to issue annuity bond

The National Treasury Management Agency will sell annuity bonds, possibly up to 35 years in maturity, later this year.

# bondwatch - Tuesday 17 January, 2012

EU bailout fund overcomes downgrade with successful bond auction

The EFSF sells six-month bills with an average interest rate of 0.2664 per cent – despite being downgraded yesterday.

Spain raises nearly €5bn in successful short-term bond auction

Spain sees the interest rate for 12-month bonds fall significantly, while Belgium has mixed results in an auction of its own.

# bondwatch - Monday 16 January, 2012

Back with a bang: ECB bought €3.77 billion of bonds last week

After slowly winding down its programme of hoovering up eurozone debt, the ECB was called back into action in a big way.

# bondwatch - Friday 13 January, 2012

S&P runs riot in the eurozone: France loses AAA rating as Portugal turns to junk

A French downgrade is bad news for us, too – because Europe’s bailout fund is also likely to be downgraded by S&P.

Ireland plans to return to bond markets this year

The NTMA’s John Corrigan reveals that Ireland will stage a “phased re-entry” with the sale of short-term bonds this year.

Good news for the euro? Italian bond yields fall below 5 per cent

The financially troubled country received a favourable response to its latest bond auction.

# bondwatch - Friday 22 July, 2011

Bond yields dive, and Euro up, as markets embrace Brussels deal

The cost of borrowing for Europe’s strugglers is falling this morning, after leaders struck deals on gentler bailouts.

# bondwatch - Monday 18 July, 2011

Bond markets turn up the heat on Spain and Italy

Some of Europe’s largest economies will find it tougher and tougher to survive without a crippling bailout…

# bondwatch - Wednesday 13 July, 2011

European Commission slams "incomprehensible" Moody's downgrade

Jose Manuel Barroso’s spokesman says the Commission can’t understand why Moody’s is taking such a dim view.

Irish bond prices rocket - again - on 'junk' downgrade

If Ireland borrowed for two years, it would have to pay 18.6 per cent interest – 14 times what Germany would.

# bondwatch - Thursday 24 March, 2011

Bond prices surge again after Portuguese budget defeat

The costs of borrowing for both Ireland and Portugal take a battering in the aftermath of the latter’s prime minister quitting.

# bondwatch - Wednesday 16 March, 2011

From Business ETC Portugal facing choppy waters after Moody's debt downgrade Portugal

Portugal facing choppy waters after Moody's debt downgrade

The ratings agency cuts the rating it gives to Portuguese government debt, down two notches from A1 and A3.

# bondwatch - Tuesday 8 March, 2011

Irish bonds break all-time high – just after coalition deal is published

The price of government borrowing was higher yesterday than it was when we accepted the €67.5bn bailout in November.

# bondwatch - Wednesday 16 February, 2011

From Business ETC Portuguese treasury build auction sees yields rise Bondwatch

Portuguese treasury build auction sees yields rise

Portugal issues €1bn in twelve-month bills, while buying back some of its older debt – but the results aren’t ideal.

# bondwatch - Wednesday 15 December, 2010

Moody's warns of downgrade to Spanish debt

The ratings agency says it’s considering a downgrade for Spain – but the news doesn’t make a major impact on bond markets.

# bondwatch - Thursday 2 December, 2010

Euro rallies after Spain offloads new bonds

Is the Eurozone debt crisis dying? Spain’s bond yields might be up, but the Euro is picking up speed afterward.

# bondwatch - Monday 29 November, 2010

Markets give cautious welcome to Ireland's bailout announcement

The Euro stays flat, but Ireland’s bailout hasn’t stopped worries over Spain and Portugal’s ability to repay their debts.

# bondwatch - Thursday 25 November, 2010

Bailout fears take their toll: Ireland's bonds hit 9%

Fears over the future of Ireland’s economy, and whether a bailout can be secured, sends borrowing costs to new highs.

# bondwatch - Wednesday 24 November, 2010

Banks collapse, bonds rocket as markets demand bailout finality

Shares in AIB, Bank of Ireland and Irish Life & Permanent all continue to dive, as the cost of government borrowing shoots up.

# bondwatch - Tuesday 23 November, 2010

Bank shares tumble as bailout contagion fears continue

The markets are officially over the Irish bailout: bank shares are diving, while bond yields are still on the up.

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