NTMA to raise as little as €6bn next year amid strong surplus forecast
Department of Finance estimates record State surplus this year of €23.7bn - 7.5% of domestic economy
Department of Finance estimates record State surplus this year of €23.7bn - 7.5% of domestic economy
Rising interest rates and falling inflation have created a positive environment for this type of investment
Irish bond yields jump, in line with other European nations
Surging demand highlights wealthier investors’ unfair tax advantage
Bonds can offer better returns but are not without risk and, ideally, require substantial investment
Sale comes against backdrop of high inflation and rising borrowing costs around the world
Higher yields and worries about riskier debt fuel stampede into investment-grade market
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