Lisbon Yes vote may cut cost of loans

MOODY’S Investor Service said the ratification of the Lisbon Treaty could help reduce the cost of Irish borrowing.

Lisbon Yes vote may cut cost of loans

The prospects of cheaper debt for the state was forecast also by Danske Bank at a recent Dublin seminar. Five-year credit default swaps (CDS) on Irish government debt contracted to 130.5 basis points from 138.5 bps on Friday as investors became more positive on Ireland.

By late Friday 10-year Irish government bond yield spread over German Bunds narrowed by 6 basis points since the European settlement close on Friday to 159 bps, according to Reuters.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited