Irelands bonds - most mature by 2030

euser1984

Ireland has a bond debt at the moment of 127 billion.

http://www.ntma.ie/business-areas/funding-and-debt-management/debt-profile/

In the next recession (or depression) how will the irish government pay for that?

We still owe 44 billion to the EU/IMF

Here are the bonds
http://www.ntma.ie/business-areas/funding-and-debt-management/government-bonds/

_Brian

Surely they will just roll them over or some such fudge.

euser1984

_Brian wrote: »

Surely they will just roll them over or some such fudge.

who owns that money?

Geuze

You mean who owns the bonds? Who bought them?

The answer is savers.

If the Irish State borrows to cover expenditure, it borrows from savers.

Geuze

All the expensive IMF loans have been repaid and replaced with cheaper lower interest rate bonds issued on the market.

Geuze

http://www.ntma.ie/business-areas/funding-and-debt-management/debt-profile/maturity-profile/

Here is the bond maturity profile.

The NTMA are well respected as debt managers.