Long-term interest rates on the rise: Ulster Bank 'Focus'

Long-term interest rates are set to rise sharply in the year ahead, by as much as 0.5% by year end, according to Ulster Bank’s Focus for March 2005.

“For debt managers who wish to secure fixed term funding at levels near to long-term variable rate averages, time could be of the essence,” says Niall Dunne, Ulster Bank’s financial markets strategist and author of the report.