If our finances go flat, how will Ireland pay its bills?
Ireland’s tax take has been soaring, but if revenues from big multinationals fall off it is important to know what leeway is there to help take the hit
National Treasury Management Agency (NTMA)
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
Little prospect of half of potential Nama homes being built in medium term
Lack of planning permission, zoning and services cited as obstacles to developing remaining potential residential land bank
NTMA to put first €10bn in sovereign wealth funds into low-risk investments
Reserves will reduce its borrowing requirement in coming years, agency says
Consumers walk away from prize bonds as company reports negative sales for 2023
Repayments exceed new sales despite a 50% jump in the amount of prize money paid out over the year
Ireland seeks to raise €1bn on bond market
National Treasury Management Agency plans auction of two separate bonds this week
Nama to generate surplus of nearly €5bn, McGrath says
Agency ‘facilitated the delivery of about 34,000 residential units’ and ‘regeneration of Dublin docklands’
Ireland’s national debt: it hasn’t gone away, you know
Very high existing levels of national debt create vulnerabilities for the years ahead and must be taken into account for planning
State’s public debt continues to fall since pandemic peak
Borrowings of €42,000 per person remain among highest in developed world, says Department of Finance’s annual report
NTMA seeks to raise €3bn in bond sale amid European fundraising flurry
Debt office continues its tradition of running early January sale
Two new board members appointed to NTMA
Myra Garrett and Fiona Ross will assume their places on the board next month, for a five year term.
New Irish sovereign funds ‘could cut net debt to about 40% of domestic economy by 2030′
Goodbody economist estimates that the combined assets of the two funds announced in the budget could amount to €50bn by the end of 2029, including contributions and investment growth
New State €100bn wealth fund scheme sets out strict withdrawal limits
Withdrawals will need a Dáil resolution following a ministerial proposals
If we’re not careful, Irish cities risk becoming Detroit which was ceded to dereliction and vandalism
We know that in economics positive incentives work, and extreme positive incentives work even better. The authorities could make it impossible for owners not to renovate their derelict buildings
Ireland will settle its last Anglo and Irish Nationwide debts on Thursday
Liabilities of failed lenders weighed on State after September 2008 bank guarantee
AIB and An Post raise interest rates for savers
Mortgage lender Avant says it will add up to 0.25 of a percentage point to its shorter-term fixed rates
Why are Irish savers getting such a raw deal on their nest eggs?
Disenchantment with the paltry levels of return on offer from Irish savings products is rising, and State savings are part of the problem
Irish banks are expected to increase deposit rates imminently, McGrath says
Minister says he has had discussions with the National Treasury Management Agency, which is responsible for various State saving products
Coalition to consider options for licence fee overhaul and RTÉ bailout
Media licence or charge for every household rather than just homes with TV among possibilities
David McWilliams: Politicians and economists differ over way forward for Irish economy - but who is right?
David McWilliams: One wants to spend, the other says save. Who is right about the appropriate course of action for Ireland’s booming economy?
Government to bring RTÉ under NTMA’s NewEra unit
Broadcaster will be subject to greater financial and commercial advice and oversight following pay scandal revelations
NTMA says Government debt could fall below €200bn by end of decade
Debt fell by €11bn last year for the first time since 2014, the year after Ireland exited its post-financial crash bailout
NTMA to hold one more bond auction this year amid rising surplus
Debt office set to end year at lower end of its fundraising target for the year
Government supports ‘principle’ of Sinn Féin Bill on Palestine
Coalition to seek a timed amendment to the Bill amid concerns that its progression could leave the State open to legal action
Savings: If you have cash on deposit you’re losing money. Not just a bit, but a lot
Ironically, consumers are losing out in part because they already have too much money on deposit at banks
NTMA has to offer highest rate in nine years to sell long-term bonds
Sale comes against backdrop of high inflation and rising borrowing costs around the world
NTMA weighs January bond sale in early test of market appetite
Debt office may be one of first EU nations to tap markets this year
Central Bank has sold 90% of IBRC-linked bonds
The latest sale of €500 million of bonds linked to State bailout of Anglo Irish Bank and Irish Nationwide brings total sold to €22.5 billion
NTMA plans to borrow as little as €7bn next year as it opts out of short-term debt market
State will next year start to repay the EU part of its international bailout, which amounts to over €40bn
Yields rise in State’s first bond auction since ECB’s July rate hike
National Treasury Management Agency has raised a total of €7 billion this year compared with a full year target of betwee €10bn and €14bn
State seeking to raise €1.25bn through sale of two bonds
National Treasury Management Agency said an auction will take place on Thursday morning to sell the treasury bonds
End of cheap ECB money closes profitable era for Central Bank of Ireland
Some €18.4 billion of the Central Bank’s profits since 2008 have transferred to the exchequer
Cash pile of €30bn will cushion State amid rising market rates, says NTMA
Cash also expected to shield Government’s finances in the event of a drop in corporate taxes or economic slowdown
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