Dáil debates
Tuesday, 15 November 2011
General Government Debt
2:00 pm
Michael Noonan (Limerick City, Fine Gael)
It plans to enter the markets earlier than that but with a view to testing the market rather than being fully funded. The Deputy will note that the secondary market is volatile and responds with reasonably large movements to small levels of purchasing or selling. It is difficult to know what will be the appropriate bond price for Ireland until such time as the market has been tested.
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