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Iceland re-enters the bond markets

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  • Registered Users Posts: 119 ✭✭karlth


    This is also an interesting site: http://www.tradingeconomics.com/bonds-list-by-country

    It displays the 10 year bond rates for most countries.


  • Registered Users Posts: 119 ✭✭karlth


    5.875% is not fantastic is it?

    Nope but it is nevertheless a step in the right direction.


  • Registered Users Posts: 1,675 ✭✭✭beeftotheheels


    karlth wrote: »
    Nope but it is nevertheless a step in the right direction.

    But this is a US$ bond no? So high yield and forex risk albeit against the QE weakened dollar.

    Not seeking to knock Iceland mind, good for you that you got the bonds away.

    I just don't like simplistic Irish commentators pretending that everything is fine and dandy in Iceland. I think the reality is that both our countries made such a mess of things leading up to 2008 that it will take us a long time to get out of it.


  • Banned (with Prison Access) Posts: 25,234 ✭✭✭✭Sponge Bob


    6% odd is not unusual for a small currency. We joined the € to get our bonds off cheap...we owed 100% of GDP when we signed up for the € .


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