IRELAND’S short-term treasury bill auction this morning seems to have gone rather well. Demand for the six-month treasury bills was ten times more than supply, and saw the bonds sold off with an average yield of 1.978% – compared to a 2.458% yield at the last similar auction just two weeks ago. Eight-month bills were four times oversubscribed with an average yield of 2.35%, down from 2.81%. That that, S&P!
# credit-ratings - Tuesday 12 February, 2013
Good morning. Here are nine things to know before you start your day.
# credit-ratings - Monday 11 February, 2013
# credit-ratings - Wednesday 16 January, 2013
Parliament voted in favour of the legislation today in a bid to improve the stability of financial markets.
# credit-ratings - Saturday 1 December, 2012
# credit-ratings - Wednesday 14 November, 2012
# credit-ratings - Friday 22 June, 2012
Moody’s said the mass downgrade reflected the banks’ ability repay their debts.
# credit-ratings - Tuesday 5 June, 2012
The ratings agency says approving the Fiscal Compact removes a risk, but doesn’t guarantee a return to the markets.
# credit-ratings - Friday 18 May, 2012
The ratings agency raised fears over the “creditworthiness” of the country and its ability to support its banks.
# credit-ratings - Thursday 15 March, 2012
The nation has held onto its AAA rating but has been warned it could lose its top rating if cut-backs are eased.
# credit-ratings - Friday 27 January, 2012
# credit-ratings - Friday 16 December, 2011
# credit-ratings - Thursday 15 December, 2011
Danske Bank and Rabo Bank are two of five European banks to be downgraded overnight by the ratings agency Fitch.
# credit-ratings - Monday 12 December, 2011
# credit-ratings - Wednesday 30 November, 2011
The agency’s latest credit ratings downgrades include Bank of America, Goldman Sachs and JPMorgan Chase.
# credit-ratings - Monday 28 November, 2011
A report in the ‘Welt on Sonntag’ newspaper says six AAA-rated countries are contemplating plans for common bonds.
# credit-ratings - Wednesday 5 October, 2011
# credit-ratings - Wednesday 14 September, 2011
In a widely anticipated move, the credit ratings agency has downgraded Société Générale and Crédit Agricole over fears of the banks’ potential exposure to Greek debt.
# credit-ratings - Wednesday 17 August, 2011
China was less than kind about the US’s recent downgrading by Standard & Poor’s.
# credit-ratings - Saturday 13 August, 2011
# credit-ratings - Monday 8 August, 2011
Nick Leeson believes NAMA is a “necessary evil”, but says it’s time to jettison those developers who can’t work with the agency.
# credit-ratings - Monday 25 July, 2011
On a visit to Portugal, former trader Nick Leeson finds a country that will find it more difficult to recover than Ireland – and shows that Moody’s got our credit rating dive wrong.