Bond markets 'effectively closed to Ireland'

As Ireland's cost of borrowing continues to soar, an anylyst has today warned that the bond markets are now effectively closed to Ireland.

Bond markets 'effectively closed to Ireland'
Thu, 04 Nov, 2010 - 13:53

As Ireland's cost of borrowing continues to soar, an analyst has today warned that the bond markets are now effectively closed to Ireland.

The interest being sought on 10-year Irish bonds today is creeping towards 8%.

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