FF have said they are not going back to the bond markets until next year. There is 800 million to be repaid on the 8th of December, and a very nice bond of €2 billion to be repaid on 14th January 2011.
So, that is almost another €3 billion that has to be found from somewhere before mid January. Over February ,March and April another €4 billion needs to be found to repay some of those short term bonds.
Can this money be found without EU/IMF help? I doubt it.
Well done to Lenihan on giving us the "cheapest bailout in the world".