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ECB's de Guindos backs ending bond purchases in July

The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September or later, ECB vice-president Luis de Guindos said in an interview published today.

Business • 21 Apr 22

Stocks did stage a recovery towards the end of the quarter with the S&P 500 index up 11% in the last 12 days of the quarter

Stocks up but bond market signals trouble ahead

European equity markets have kicked off the second quarter with marginal gains this morning.

Business • 01 Apr 22

Today's auction brings the NTMA's total bond issuance so far this year to €4.5 billion

NTMA sells €1 billion of 10 and 15-year bonds

The National Treasury Management Agency has today sold €1 billion of 10 and 15-year bonds at an auction at yields of between 0.78% and 0.98%.

Business • 10 Mar 22

The NTMA plans to borrow between €10 and 14 billion this year

NTMA plans to launch syndication bond sale in January

The National Treasury Management Agency said it is planning to issue a new government bond by syndication later this month.

Business • 06 Jan 22

The NTMA said it intends to hold at least one syndicated bond deal during 2022

NTMA plans to issue €10-14 billion of bonds next year

The National Treasury Management Agency said it plans to issue €10 billion to €14 billion of bonds over the course of 2022, a reduction on the €18.5 billion issued this year.

Business • 09 Dec 21

Dilosk said that investor demand for its bond issuance was particularly strong

Dilosk raises €325m through sale of bonds

Specialist mortgage lender Dilosk has raised €325m through the sale of bonds backed by residential mortgages.

Business • 19 Oct 21

Today's auction was at the upper end of the debt agency's €1-1.5 billion range.

NTMA sells €1.5 billion in triple bond auction

The National Treasury Management Agency has today completed a triple auction of €1.5 billion of benchmark Irish Government bonds.

Business • 14 Oct 21

Some bondholders said they did not receive coupon payments totalling $148m on Evergrande's April 2022, April 2023 and April 2024 notes due by 4am this morning

Evergrande misses third round of bond interest payments

China Evergrande Group has today missed its third round of bond payments in three weeks, intensifying market fears over contagion involving other property developers as a wall of debt payment obligations come due in the near-term.

Business • 12 Oct 21

China Evergrande Group did manage to made a partial payment to some of its onshore investors today

China Evergrande misses second payment deadline

China Evergrande Group missed paying bond interest due yesterday, two bondholders said, its second unpaid offshore debt obligation in a week.

Business • 30 Sep 21

Investors are worried that China Evergrade's collapse could pose systemic risks to China's financial system and reverberate around the world

China Evergrande bondholders in limbo over debt crisis

China Evergrande inched closer today to the potential default that investors fear as an interest deadline expired without any announcement from the property giant whose mountain of debt has spooked world markets.

Business • 24 Sep 21

Apartment buildings at China Evergrande Group's Life in Venice real estate and tourism development in Qidong in China

Evergrande seeks to reassure retail investors

China Evergrande Group will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant, its chairman said, as uncertainty looms over interest payment due for a dollar bond.

Business • 23 Sep 21

Industrial production in Germany increased 0.5% month-on-month, slightly higher than in June

German bond yields fall to lowest in over a week

German bond yields fell alongside those of US Treasuries to their lowest in over a week, ahead of a US retail sales report that is expected to add to data showing slowing economic momentum.

Business • 17 Aug 21

In early Monday trade, most 10-year bond yields across the euro area were down 1-2 basis points on the day

Euro zone bond yields down as global sentiment dips

Borrowing costs in Germany, the euro zone's benchmark bond issuer, dipped on Monday to their lowest level in over a week as latest data from the world's biggest economies cast a shadow over the growth outlook.

Business • 16 Aug 21

The Central Bank said it would pay a surplus of €665.7m to the Exchequer for 2020, down from over €2 billion paid in 2019

Central Bank reports lower financial profits for 2020

The Central Bank has reported a financial profit of €829.6m for 2020 after what it called an "extraordinary year" for the country.

Business • 02 Jun 21

IAG, which owns Aer Lingus, BA, Iberia and Vueling, has a weekly cash burn rate of €175m

IAG boosts liquidity with €825m convertible bond

Aer Lingus and British Airways-owner IAG said today it would launch a convertible bond with an initial issue size of €825m.

Business • 11 May 21

TUI is hoping for a summer pick-up in travel to help repair its balance sheet

Holiday company TUI to raise up to €400m in bonds

Holiday company TUI said today it was raising up to €400m through an issuance of convertible bonds, to improve its liquidity and help pay down debt taken on to survive the pandemic.

Business • 09 Apr 21

IAG, which owns Aer Lingus, has raised €1.2 billion through a bond issue

Aer Lingus owner IAG raises €1.2 billion in bond issue

Aer Lingus and British Airways owner IAG raised €1.2 billion through a bond issue it said would help to see it through what could be a longer than expected pandemic-driven travel downturn.

Business • 19 Mar 21

The Treasury Bills, which have a maturity of six months, were sold at a yield of -0.58%

NTMA sells €750m of Treasury Bills by auction

The National Treasury Management Agency has today completed an auction of Treasury Bills, selling the target amount of €750m.

Business • 15 Oct 20

The NTMA has raised €18.5 billion from bond issuance so far this year from a €20-24 billion funding range

NTMA to auction three different bonds this week

The National Treasury Management Agency said today it plans to raise between €1-1.5 billion through the sale of seven, ten and 30-year debt on Thursday.

Business • 06 Jul 20

The ECB has unveiled a long list of measures to mitigate recession, including €1.1 trillion worth of bond buys and loans at deeply negative rates

ECB minutes hint at more policy easing in June

The European Central Bank is "fully prepared" to provide even more stimulus as soon as June to support an economy that may shrink by a tenth this year due to the Covid-19 pandemic, the accounts of the bank's April meeting showed today.

Business • 22 May 20

Bank of England has cut UK rates to 0.1%

Bank of England cuts UK interest rates again

The Bank of England has cut interest rates to 0.1% and ramped up its bond-buying programme in its latest attempt to shield Britain's economy from the coronavirus outbreak.

Business • 19 Mar 20

Mary Lou McDonald, the leader of Sinn Féin which secured the largest share of votes in the election

Irish bonds shrug off Sinn Féin's election results

Ireland's borrowing costs showed little reaction today to election results that point to a shift in its centre-right dominated politics.

Business • 10 Feb 20

The NTMA covered around a third of its funding target for 2020 with a syndicated sale yesterday

NTMA to hold one bond auction in Q1

The National Treasury Management Agency said it will hold one bond auction in the first quarter of the year on March 12.

Business • 09 Jan 20

The NTMA has kicked off its funding drive with a syndicated sale every year since 2013

NTMA seeking €3 billion from new 15-year bond - source

Ireland will seek to raise around €3 billion from a new 15-year bond, a market source said today, after the National Treasury Management Agency hired a syndicate of banks and brokers to sell the security.

Business • 07 Jan 20

A pre-funding strategy had given the NTMA a projected cash balance in excess of €15 billion

NTMA says it will borrow less next year

The National Treasury Management Agency said it plans to borrow between €10 billion and €14 billion in 2020, down from a target range of €14-18 billion last year.

Business • 09 Dec 19

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