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Monday 29 May 2023 Dublin: 16°C

# Bailout Republic?

All time
# Bailout Republic?
Bailout 'would resolve market tension' - Goldman
A chief strategist at Goldman Sachs believes the best way of calming markets down is to announce a bailout.
# Bailout Republic?
Department urged to buy bonds with pension reserve
Reuters reports that senior Department of Finance advisers want the pension reserve to create new demand for Irish bonds.
# Bond Markets
Irish 10-year bonds over 7.7% this morning
Meanwhile, economist Morgan Kelly predicts another housing crash…
# Bond Markets
Bond markets unmoved by €6bn budget package
The cost of Irish borrowing remains largely flat in spite of the government’s Budget announcements.
Bloodbath Budget: Government will seek €6 billion adjustments and foresees massive emigration
€4.5bn in spending cuts and €1.5bn in new taxes coming your way – with 100,000 expected to leave Ireland before 2014.
# Bond Markets
Bond yields soar past 7.6% as investors look elsewhere
# Bailout Republic?
Irish-German bond spread surges past 5%
The price of government borrowing for Ireland is now over three times higher than it is for Germany.
# Bailout Republic?
7.4% - investors fall away as government default fears continue
Up, and up, and up…
# Bailout Republic?
Government borrowing costs finish day at all-time high
# Bailout Republic?
Ireland has "a month to stop bailout" - UCD economist
First Colm McCarthy, now Karl Whelan says the movements in bond markets leave Ireland on the brink of default.
# Bailout Republic?
Cost of insuring against Irish debt hits record high
# Bailout Republic?
Borrowing costs continue upward spiral amid IMF fears
The cost of borrowing for Ireland goes over 7% again, as investors buy into Colm McCarthy’s fears of an IMF bailout.
# BaNAMA Republic
Defiant Lenihan insists Ireland can avoid bailout
Ireland can “absolutely” dodge the need to go cap-in-hand to Europe – but pensions and welfare could be hit.
# Bailout Republic?
Bailout more welcome than home-grown solution – poll
A new opinion poll shows that more people have faith in the ECB and IMF to manage the budget than our own politicians.
# Bank Guarantee
FT columnist calls bank guarantee a "catastrophic political decision"
Wolfgang Münchau decries the decision of the Irish government to back deposits without thinking of the aftermath.
# Bailout Republic?
EU ramps up pressure for management of budget deficit
Board members of the European Central Bank say it’s vital that Dublin gets its budget deficit in order, or else…
# Bailout Republic?
EC assurance over bailout does little to soothe bonds
The price of government borrowing remains close to its all time record despite Olli Rehn’s assurance about funding.
# Bailout Republic?
ECB 'prepared countries to raise cash for Ireland' - newspaper
A German paper says we were ready for a bailout – and the bond yields hit new records. Yes, again.
# Bailout Republic?
ECB holds off on intervention as bonds breach 6.55%
The market price of 10-year Irish government debt reaches another record – but there’s no European intercession.
# Bailout Republic?
Auction a ‘relative success’ as NTMA raises €1.5bn
The National Treasury Management Agency offloads €1.5bn of bonds in what is considered a ‘solid performance’.
# Bond Markets
Goldman Sachs: Ireland could still need the IMF
This might have something to do with why the bond price won’t lie down: economists reckon we’ll still need a bailout.
# Moody's
Moody's downgrade rating of Anglo Irish bonds
The ratings agency cites concerns over the liquidity of Anglo’s commercial assets for downgrading from AAA to AA2.
# Bond Markets
IMF says it doesn't think Ireland needs its help
The International Monetary Fund praises the efforts to prop up the banking system as bond yields reach another all-time high.
# Anglo Irish Bank
The Anglo break-up: the questions still to be answered
The announcement that Ireland’s nationalised bank will be split in two perhaps raises more questions than it answers. Here’s a few.
# Anglo Irish Bank
The Anglo break-up: what the world’s papers say
Our guide to what the world’s media is saying about the break-up of Anglo Irish Bank into ‘funding’ and ‘recovery’ banks.
# Anglo Irish Bank
Anglo to be split into ‘funding’ and ‘recovery’ banks
The nationalised bank will be split into two newly-formed banks after the government agrees on a radical restructuring plan.
# Government Bonds
Irish bond yields continue to however well above 6%
# Bailout Republic?
Why you should care about the bond market chaos
What’s this ‘premium bond yield rate return’ stuff all about anyway? Here’s our (mostly) jargon-free guide.
# Bailout Republic?
Bond prices shoot past 6% in early trading
# Bailout Republic?
Cowen asks for calm over bond market ‘ebbs and flows’
The Taoiseach says today’s spike in bond prices are a natural feature of the market and that Ireland is safe.
# Irish Economy
The internet asks: why no coverage of the bond crisis?
The cost of borrowing balloons as the world fears Ireland could be the next country to fold. But why so little coverage?