Earlier in the year the NTMA successfully dipped its toe back into the markets and is due to repeat that exercise soon.
Yesterday a €500 million 7 year ESB bond issue was oversubscribed 12 times ESB Finance Bond Garners High Demand as Investors Chase Yield | Fox Business the ESB will pay 4.5% for this money.
This morning we hear that B of I are going back to the bond markets seeking circa €1 billion at 3.5%.
Now we are getting decent press coverage in the US like this article in the Chicago Tribune,
Early days, but is there now light at the end of the tunnel ?DUBLIN/LISBON (Reuters) - Portugal is going to have a tough time following fellow euro zone bailout beneficiary Ireland's route back into the bond markets.
Its first post-bailout venture -- a bond swap -- was right out of the Irish playbook. But further down the road subdued attempts to woo investors and deeper fiscal woes stand in Lisbon's way.
Portugal last month carried out the bond swap in an identical manner to the one Ireland ran in January. The Irish move later kicked off a flurry of bond activity in Dublin which included another swap, a first amortizing issue and the pinnacle -- the raising of new long-term debt
"The NTMA is more active and more transparent in talking to investors, but it could be a bit of an unfair comparison. The Irish really have to do it now," said David Schnautz, strategist at Commerzbank in New York, referring to a steep post-bailout funding cliff that Dublin has almost fully tackled.
"But just being open to be contacted is not enough. Ireland for example has flagged the types of clients it plans to target. We would not mind getting more information out of Portugal."
Analysis: Tough task for Portugal to match Ireland's bond success - chicagotribune.com
Can we beat Greece tomorrow ??