Follow @PoliticsIE
 
 
 
Page 1 of 5 12345 LastLast
Results 1 to 10 of 47

Thread: Ireland successfully auctions Treasury Bills

  1. #1
    Politics.ie Member Digout's Avatar
    Join Date
    Oct 2008
    Location
    at the bar, where the sock puppets are
    Posts
    1,396
    Mentioned
    0 Post(s)

    Default Ireland successfully auctions Treasury Bills

    €4.5 billion of bids were received. €1.6 billion issued.

    http://www.ntma.ie/Publications/2009...ion_230409.pdf

  2. #2
    Politics.ie Member
    Join Date
    Apr 2007
    Posts
    13,693
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Digout View Post
    €4.5 billion of bids were received. €1.6 billion issued.

    http://www.ntma.ie/Publications/2009...ion_230409.pdf
    Two cheers for effective action from the two Brians?

  3. #3
    Politics.ie Member
    Join Date
    Nov 2008
    Posts
    215
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by patslatt View Post
    Two cheers for effective action from the two Brians?
    The two Brians are the reason that this is newsworthy, the staff at the NTMA are the ones that deserve the praise.
    Fianna Fáil
    The Land agents party.

  4. #4
    Politics.ie Member
    Join Date
    Oct 2005
    Location
    KERRY
    Posts
    1,525
    Mentioned
    0 Post(s)

    Default

    Lads, stall the horses a moment - these were 1, 3 and 6 month bills FFS!!!

  5. #5
    Politics.ie Member dmc444's Avatar
    Join Date
    Feb 2009
    Posts
    193
    Mentioned
    0 Post(s)

    Default

    I have to lauf- if they had not auctioned off the bills sucessfully you lot would be screaming about how badly they are running the country.

    It does show that no matter what they do, they are just going to be criticised.

  6. #6
    Politics.ie Member
    Join Date
    May 2007
    Location
    Cork South Central - Cork SE LEA
    Posts
    2,939
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by kerrynorth View Post
    Lads, stall the horses a moment - these were 1, 3 and 6 month bills FFS!!!
    Exactly

    All the demand indicates is that the markets don't think we're going to go bust before October.

    Does the level of oversubscription indicate that the interest rate could have been lower?
    Economic Left/Right: -2.88 (down 3.63 since the financial crash)
    Social Libertarian/Authoritarian: -5.18

  7. #7
    Politics.ie Member Dreaded_Estate's Avatar
    Join Date
    Sep 2007
    Posts
    3,695
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Digout View Post
    €4.5 billion of bids were received. €1.6 billion issued.

    http://www.ntma.ie/Publications/2009...ion_230409.pdf
    Success is a bit of on overstatment.

    We are paying 1.204% for 6 month money when everyone else in Europe is paying 0.854%. That is a significant spread for short term debt.

  8. #8
    Moderator Cato's Avatar
    Join Date
    Aug 2005
    Location
    Ithaca
    Posts
    20,759
    Mentioned
    1 Post(s)

    Default

    Quote Originally Posted by dmc444 View Post
    I have to lauf- if they had not auctioned off the bills sucessfully you lot would be screaming about how badly they are running the country.

    It does show that no matter what they do, they are just going to be criticised.
    Get your head out of your as$! By any objective standard they are doing an appalling job of running the country. Any action they carry out or decision they make is and will be treated quite cynically simply because, on the evidence to date, the two Brians could not find their own ar$es with both hands and a mirror.

    Hats off to the NTMA boys (and girls!) though. However, these were only short term bills. Perspective please.
    “I would rather be exposed to the inconveniences attending too much liberty, than those attending too small a degree of it." - Thomas Jefferson (yeah, I'm aware of the irony)

  9. #9
    Politics.ie Member
    Join Date
    Jul 2008
    Location
    This side of the ground
    Posts
    219
    Mentioned
    0 Post(s)

    Default

    This is the second set of T/bills issued this year.

  10. #10
    Politics.ie Member
    Join Date
    Jun 2006
    Location
    Aontas Sóvéideach na hÉireann
    Posts
    13,343
    Mentioned
    0 Post(s)

    Default

    This is like a poor woman going to the pawn shop with her wedding ring to get some food for tomorrow's dinner. Ya, its good to eat tomorrow, but lets keep things in perspective.

Page 1 of 5 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •