Taoiseach urged to halt €715m Anglo bond

TAOISEACH Enda Kenny should personally intervene to prevent the repayment of a $1 billion (€715m) Anglo-Irish Bank bond tomorrow, Fianna Fáil finance spokesman Michael McGrath has said.

Mr McGrath said it was wrong that Ireland was repaying in full unsecured, unguaranteed bondholders when Greece was getting massive write downs on its debt.

He called on Mr Kenny to contact the incoming president of the European Central Bank (ECB), Mario Draghi, and make a “last-ditch effort” to stop the repayment.