FIANNA Fáil Spokesperson on Finance, Michael McGrath TD, has welcomed today’s €5 billion NTMA bond sale but urged caution in interpreting the results.
Deputy McGrath stated: “By raising over €5 billion today and, in particular, by selling long term government bonds, the NTMA has increased Ireland’s prospects of exiting the EU / IMF Programme of Assistance and returning to the bond markets on a permanent basis. However, I think two important points of caution should be noted. [Read more...]
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