Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Bonds

Borrowing set to rise

THE COST OF BORROWING for the state is set to rise as the premium for holding Irish bonds increased over 50points in the past week to 297 basis points. This is the premium paid to 10-year bond holders above that of German securities. NCB Stockbrokers say the rise is a result of uncertainty around the cost of the Anglo bailout.