NEWS BITES - BONDS
Ireland Treasury 2-Year bond closed unchanged at EUR106.04.
|Price Change %||1.35|
IRELAND TREASURY - OTHER MATURITIES
|Headline||YTM %||Close price [EUR]||Price change %|
|8-Year bond trading [Implied Yield 0.453%]||0.45||103.9||0|
|15-Year bond YTM increases by 2.4 basis points||0.28||113.63||-0.3|
|Maturity Date||April 18, 2020|
SECTION 2 IRELAND 2-YEAR BEARISH SIGNALS
Low Performance Indicators:
|Description||Value||Rank In Sovereign Bond Market|
|Price/MAP50||1.0||In Bottom Quartile|
|Volatility %||0.1||In Bottom Quartile|
SECTION 3 PRICE VOLUME DYNAMICS
+ The Ireland 2-Year is at a discount of 1.4% to its 12-month high of EUR107.52 traded on October 09, 2018.
+ It is at a premium of 0.1% to its 12-month low of EUR105.94 traded on January 24.
+ The present value of EUR1,000 (PV1000) invested one year ago in Ireland 2-Year is EUR986, for a capital loss of EUR14.
SECTION 4 MACROECONOMIC INDICATORS: IRELAND
|GDP (USD Billion)||376||6|
|GDP growth yoy (%)||5.8||40|
|Interest rate (%)||0.05||64|
|Inflation rate (%)||0.7||27|
|Public debt (USD) (billion)||262.3||60|
|Public debt per person (USD)||60,382|
|Total annual debt change (%)||4.6|
|Debt to GDP (%)||64.8|
|Budget Deficit to GDP (%)||0.3|
|Current account Surplus to GDP (%)||9.1|
|Unemployment rate (%)||5.3|
SECTION 5 CREDIT RATING SUMMARY
|Rating Agency||Long Term||Description|
|S&P||A+||Strong capacity to meet financial commitments, but somewhat susceptible to adverse economic conditions and changes in circumstances. The plus (+) sign shows relative standing within the major rating category.|
|FITCH||A-||High credit quality: 'A' ratings denote expectations of low default risk. The minus (-) sign shows relative standing within the major rating category.|