NEWS BITES - BONDS
Ireland Treasury 2-Year bond closed unchanged at EUR106.04. It was unchanged for a tenth straight day on Monday.
|Price Change %||0.02|
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 hits four-month high [Implied Yield falls to 0.198%]||0.20||114.25||0.2|
SECTION 1 IRELAND 2-YEAR BEARISH SIGNALS
+ In the last three months the bond has hit a new 52-week low once.
SECTION 2 PRICE VOLUME DYNAMICS
+ The Ireland 2-Year is at a premium of 0.1% to its 12-month low of EUR105.97 traded on January 27.
+ The present value of EUR1,000 (PV1000) invested one year ago in Ireland 2-Year is EUR1,000, for a capital loss of 18c.
SECTION 3 MACROECONOMIC INDICATORS: IRELAND
|GDP (USD Billion)||376||6|
|GDP growth yoy (%)||5.0||40|
|Interest rate (%)||0.05||64|
|Inflation rate (%)||1.1||27|
|Public debt (USD) (billion)||262.3||60|
|Public debt per person (USD)||60,382|
|Total annual debt change (%)||4.6|
|Debt to GDP (%)||63.6|
|Budget Surplus to GDP (%)||0.1|
|Current account Surplus to GDP (%)||10.6|
|Unemployment rate (%)||4.8|
SECTION 4 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.|