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Tuesday 30 May 2023 Dublin: 13°C

# Bond Markets

All time
# Bailout Review
IMF approves €1.4bn loan - but has doubts about Ireland's return to markets
The latest quarterly review of Ireland’s bailout paints a mixed picture…
# Bond Markets
Even Germany's cost of borrowing is beginning to rise again
Although Germany’s bond yields are still far lower than a year ago, it’s been rising sharply in the last few days…
# Bond Markets
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.
# Spanish bailout
German conditions on Spanish bank deal strike blow to Ireland's hopes
Germany ensured that Spain’s €100bn banking bailout would go through the government – meaning it counts towards national debt.
# Debt Crisis
Brussels and Berlin: 'No news' on potential Spanish request for bailout
Both the European Commission and the German government say Spain has not made a formal application for EU funding.
# Two-tier Europe
Spain sees borrowing costs rise, while France's hit euro-era lows
It’s a tale of two Europes as countries go to the bond markets this morning…
# Spanish economy
Spain: We're being frozen out of markets, and we need help now
The Spanish treasury minister says Spain “doesn’t have the market door open”, at a time it needs cash to help its banks.
# Bond Markets
Fitch: Yes vote removes uncertainty, but return to markets still 'unclear'
The ratings agency says approving the Fiscal Compact removes a risk, but doesn’t guarantee a return to the markets.
# Beaten Path
Spain sees cost of borrowing rise, as major bank seeks €19bn bailout
This all feels eerily familiar…
# Bond Markets
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.
# Bond Markets
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.
# Spain
Rates up but Spanish bond sale passes off
Spain sold €2.5 billion in debt successfully this morning, with higher interest from investors than expected.
# Spain
Spanish bond sale passes off with higher than expected investor interest
But analysts say the big test comes on Thursday, at Spain’s next debt auction.
# Spain
Spanish bond yields pass 6 per cent mark
Concerns build that Spain will follow Greece, Portugal and Ireland in needing a bailout.
# Daily Fix
The Daily Fix: Wednesday
All the biggest news stories from the day, as well as the few bits and pieces you might not have seen.
# Bond Markets
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.
# Bond Markets
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.
# Every Cloud...
At least someone’s making money: ECB profits quadrupled last year
A ballooning balance sheet and bigger roles in the bond markets meant the ECB turned profits of €728m, up from €171m.
# Bond Auction
Borrowing costs for eurozone bailout fund fall after Greek deal
The EFSF issues a new round of 6-month bills – with interest rates significantly lower than at the same time last month.
# Bond Markets
ECB steers clear of bond-buying for first time since August
Last week marked the first time in six months that the European Central Bank didn’t intervene in the sovereign bond markets.
# Downgrade
Interest rates plunge as Italy raises €6 billion in new auction
What downgrade? Italy flogs billions in 12-year bonds with interest rates falling dramatically on a similar bond last month.
# Hell-as
Greece’s budget deficit for 2012 is already €1bn bigger than expected
Greece expected its income for January to be 8.9 per cent higher than last year. It actually fell… by 7 per cent.
# Bondholder
This man owns €1.9bn in Irish government bonds
And he’s pretty confident about Ireland’s ability to recover from the economic crisis…
# Bond Markets
Ireland returns to bond markets with €3.53 billion 'swap offer'
The NTMA swaps €3.5bn in bonds, which were maturing in January 2014, for paper maturing in February 2015.
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.
# Bondwatch
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.
# Bond Markets
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.
# In Numbers
Prime numbers: the week in stats
How many Irish towns are ‘clean’? How much for an e-voting machine? And just how hard can a Sudoku be?
# Daily Fix
The Daily Fix: Friday
In tonight’s fix: Downgrades for France – and difficulty for us? Plus: yet more rows over septic tanks, victory for workers at La Senza, and every presentation you’ve ever seen…
# Back to Life
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.
# Federal Reserve
Federal Reserve hands over $76.9 billion profit to US government
The United States’ central bank made a near-record profit last year, thanks to its growing stash of US government bonds.
# Daily Fix
The Daily Fix: Monday
In tonight’s fix: Calls to negotiate a second bailout, Gardaí investigate woman’s death in nursing home, and which celebrity chef has been a very naughty boy?
# Bonds
The bond markets are now paying Germany to borrow money
Germany this morning issued a new batch of 6-month bills – and demand was so intense that the yield is negative.
# Bailout
EU fund issues new bonds to pay for Irish bailout
The European Financial Stability Fund says it issued €3bn in three-year bonds, at a rate over four times cheaper than we’d get.
# Bond Auctions
Euro nears 12-month low after poor demand at German auction
While the demand for the latest batch of 10-year bonds was higher than November, it was far below the usual standard.
# Bonds
ECB spending on controversial buying nears €140 billion
The ECB’s continued purchases in 2011 mean the central bank now holds over €210 billion of bonds from its member countries.
# Review 2011
Recessions, downgrades and Super Mario - 2011: the year in money
2011 may be remembered in future as the year we sorted out the financial crisis – or the year in which it grew beyond our control.