Ireland To Fully Re-enter Bond Markets This Week

Ireland to fully re-enter bond markets this week

Ireland could be back borrowing money on a long-term basis as quickly as tomorrow. The National Treasury Management Agency says it's planning to issue new 10-year bonds. It's the first time Ireland will have held an auction for long-term debts since September 2010 - two months before the bailout. Normally such announcements by the NTMA come just hours or days before the completion of the bond buying.