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The article reports that bankers have different views on the effect of the new charge of LCH Clearnet on processing Irish government paper. The clearing house implemented a 15% charge on trading Irish government and government guaranteed paper, causing spreads on 10 year Irish treasury bonds to jump by 50 basis points (bp). A dealer noted that the charge may make Irish paper more illiquid.

The article reports on the failure of the Irish government to convince investors and issuers in its commercial paper guarantee. The guarantee covers all issued and outstanding debt until 2010 of the banks which include the Allied Irish Banks, Anglo Irish Bank, and the Bank of Ireland. Investors and issuers are said unsure of what is covered in the guarantee as the Irish government is described not straightforward or transparent about it. Issuers want paper to be price beyond the year-end and investors want the maturities still very short, report says.

The article reports on the 500 million euro piece of 31 day commercial paper (CP) sold by Ireland on August 18, 2011. It describes the buoyant status of the euro commercial paper market in spite of volatility in equity markets. It also discusses how CP issuance benefited from a decline in government bond yields.

The article reports on the sale of a 300 million dollar commercial paper (CP) by Ireland's National Treasury Management Agency. The deal is considered as the largest deal made by Ireland in two months. Issuers from Germany, the Netherlands and France also sold CP in sterling and dollars which prompted sovereign, supranational and agency issuance in both denominations, including FMS Wertmanagement and L-Bank.

The article reports that the investors are once again showing interest in the short-term markets in Ireland, especially in the commercial paper issues. The National Treasury Management Agency (NTMA) launched 500 million euros commercial paper issue. The move followed a tightening in Ireland's credit default swap (CDS) spreads and the country's positive crisis recovery story.

The article reports on the stability of the financial performance of the Republic of Ireland in the capital markets in January 2013 with its euro commercial paper.

The article focuses on the 500 million Australian dollars of three-week commercial paper (CP) issued by KfW on August 25, 2011. During this year, the outstanding CP volumes in Australian dollars have increased to 8.5 billion dollars from 5.8 billion dollars in the previous year. A dealer explains that European borrowers are shifting to Australian dollars due to difficulties funding in U.S. dollars. Also included are information on the CP issuance from Ireland.

The article reports that the National Asset Management Agency (Nama) in Ireland is preparing to launch its 2.5-billion euro commercial paper (ECP) programme, arranged by UBS.

The article reports on the rise of European commercial paper (CP) issues from Spanish banks in the third week of February 2010 due to high demand from investors. BBVA took advantage of the positive market condition when it launched its 1.25 billion euros, 100 million pounds and 100 million euros three-month CPs and a 250 million euros worth of one-month CP. Santander issued 200 million euros of nine-month CPs and three-month ones worth of 140 million euros. Irish banks also constitute large proportion of the deals, including Allied Irish Banks.

The article reports on the limited trading of commercial paper by banks in Europe. One dealer noted that it is still hard for financials and corporates and others agree that while sovereign names are able to place longer-dated paper, even those banks perceived as safest do not have that luxury. There have also apparently been some asset-backed flows. All dealers agreed that the Irish bank guarantee seemed to be a positive move, though its full effects have yet to be felt. So far, among those that traded include Allied Irish Bank and Dealogic.

The article reports on the sale of sovereign commercial paper (CP) issues from the Republic of Ireland in April 2011 as the country started to be more active in marketing itself. Based on figures, the sovereign sold a 150 million Euro piece of one month CP and Ireland also issued three 50 million Euro clips maturing between May and July 2011. Meanwhile, the Republic of Cyprus has printed a pair of 20 million Euro one-year notes after selling five CP issues totaling 346.3 million U.S. dollars. Portugal, on the other hand, plans to apply for a bail-out.

The article highlights the activity in the European commercial paper (CP) market as of October 2008. It states that British and Irish banks found an investor base in the European CP market, while Nykredit Bank has launched a CP program supported by the Danish government. The CP notes issued by Irish & Permanent and Bank of Ireland are given. Also noted is the easing off of CP activity by the Bank of Scotland and the Royal Bank of Scotland.

The article reports on an increase in the number of enquiries for Irish banks after the government announced a blanket guarantee for six banks' debt for two years. But primary issuance in the medium-term note (MTN) market seems unlikely to increase as the flow of secondary paper poses as a main problem. There is likely to be more demand for structured products from Irish issuers than vanilla. As structured products are tailor made, it is more difficult for an investor to find a structured issue to fit their requirements on the secondary market.

Reports on the signing of a multi-currency euro commercial paper (EuroCP) programme of Dublin, Ireland-based commercial real estate financial company Hypo Real Estate Bank International through Citigroup on September 24, 2004. Dealers of the programme; Aim of the programme; Number of deals outstanding off the multiterm note.

Reports that Hypo Real Estate Bank International, a Dublin, Ireland-based commercial real estate financing business of the Hypo Real Estate Group, has mandated Citigroup to arrange a multi-currency Euro Commercial Paper (CP) program. Aim of the Hypo bank; Reason behind the set up of the program; Factor that may affect the amount of funding the bank will receive in the Euro CP market.

The article reports that dealers are impressed with the size of the commercial paper (CP) trades that the Republic of Ireland and Instituto de Crédito Oficial (ICO) have printed. According to the article, ICO sold a 500 million U.S. dollars 214 day trade while Ireland sold a 200 million U.S. dollars one month trade. Other issuers that have already raised large funding are NRW Bank and the Republic of Finland.

The article reports on repurchase agreement signed by BSN Capital to arrange the commercial paper programme of Halkin Finance in Ireland. The programme was rated at A-1 by Standard & Poor's. The CP programme is expected to be similar to the programmes launched by Chesham Finance and Ebury Finance in terms of guidelines and strategy. The conduit does not have liability support because assets and liabilities are match funded.

Reports on the decision of EBS, the Republic of Ireland's large building society, to mandate Barclays Capital to establish its combined €1 billion EuroCP and EuroCD program in 2003. Companies that comprised the dealer panel for the mandate; Aim of the mandate; Benefits from the program.

The article reports on the commercial paper (CP) trades sold by Ireland in March 2011, which printed 10 million U.S. dollar, 105 million euro and 100 million euro of 31 day paper.

The article reports on the Euro-commercial paper sold by Ireland as of August 23, 2012 with a maturity longer than one month. Frank O'Connor, deputy director of funding and debt management at the Irish National Treasury Management Agency, says short term yields seem to be trending lower, aided by the recent deposit rate cut by the European Central Bank. He adds that some investors are extending their original maturity profile to enhance their return.

The article offers information on the euro-denominated corporate bond issued by Land Berlin. Joint bookrunners of the deal include Dexia Capital Markets and JP Morgan. The transaction was handled on a retention basis. Demand for the paper came from various countries including France, Ireland and Germany.

The article reports on a 500 million euros bond issue launched by the Bank of Ireland on July 21, 2009. Bookrunners commented that the deal was market driven and there is good demand for short dated paper. The issue was quoted at about 140 basis points (bp), but they were not really trading. Information on the deal's rating, maturity and spread at re-offer is provided.

The article reports that more than 400 investors have placed orders totalling 13 billion euros for the bond offered by Ireland of 5 billion euros for 10 year syndication. Investor relations programme helped the borrower to bring the deal quickly. The pricing process for the deal demonstrated the strength of the bid for Irish paper.

The article reports on developments in the financial market in Ireland. It cites the 500 million euros worth of three month Treasury Bills that was sold by the Irish government in early November 2012. According to a senior sovereign, supranational and agency (SSA) debt capital markets banker, the auction was outrageous.

The article reports on the latest developments in the European financial markets as of early November 2011. It cites the move by Greek prime minister George Papandreou to cancel his plan to conduct a referendum on Greece's eurozone membership. It presents the latest developments on the European Financial Stability Facility's (EFSF) proposed three billion euro fundraising for Ireland.

The article presents an update on executives within the commercial paper market in Europe as of April 2007. Amaury Gosse of Commerzbank went to Las Vegas, Nevada for a fact finding mission. Gosse' colleague Sahir bin Jung played poker, went to a high technology poker room equipped with electronic tools such as automatic chip counts in Germany. Stefan Boehm decided to visit Ireland to seek momentary refuge from the commercial paper market.

The article reports on the plan of Irish-Dutch cardboard company Smurfit Kappa to raise 1.3 billion euro in an initial public offering (IPO) in London, England and Dublin, Ireland to repay debt and expand its business. It states that global coordinator Deutsche Bank has began premarketing the deal. It mentions that the proceeds from the deal will be used for the repayment of some of the high yield bonds and bank loans of the company.

The article presents information on the bond offerings of euros public sector borrowers. European Investment Bank is offering a bond issue valued at €2 billion with €5 billion issue launched on June 11 ,2003. It will mature on October 15, 2013 and is lead managed by Barclays Capital, Société Générale and Morgan Stanley. Ireland is issuing a €7 billion bond which will mature on June 18, 2019. It will be managed by Barclays Capital, Calyon, Davy Capital Markets, Deutsche Bank and Royal Bank of Scotland.

Reports on the issuance of bonds from Depfa ACS in the Irish covered bond market in February 2003. Value of the bonds; Advantage of the issuance of the bonds; Strategy used in selling the bonds.

The article reports on the decision of Irish paper packaging company Smurfit Kappa to return to the high-yield bond market in January 2013. An increased seven-year senior security bond was sold by the issue with the amount of 400 million euros. The article also mentions that the issuance by Smurfit of bonds is due to its intention to refinance maturities.

The article focuses on the high-yield bond issued by Smurfit Kappa, a paper-based packaging company from Ireland. Proceeds from the issuance would be used by Smurfit to repay senior subordinated notes. It explains why the bond issue from Smurfit was split into two currencies. Information is provided on other bonds from Smurfit.

The article reports on the decision of the government of Ireland to carry out a canny debt exchange in January 2012, in a move to repair its capital markets standing. It is reported that, the debt exchange has reduced, by 3.5 billion euros, the maturity which the government was facing in two years' time, while buying it more than a year.

The article discusses the move by Ireland-based Allied Irish Bank (AIB) to use a double incentive for investors for its roughly 2.7 billion euros of outstanding subordinated paper issue as of May 2011. The strategy by the company has baffled many market players. The lead manager of the deal is JP Morgan. The opinion of CreditSights analyst Simon Adamson on the AIB issue is also cited.

The article reports on the plan of EBS Building Society and Bank of Ireland (BoI) to buyback some of the debt of holders of Irish bank subordinated debt paper. Financial institutions in Ireland are required by the central bank to achieve a capital ratio of at least 12% core tier one by February 28, 2011 under the Prudential Capital Assessment Review (PCAR). EBS reportedly intends to purchase two sterling and two euro deals at 30% of par and BoI wants to exchange its two Canadian dollar lower tier two deals for new government guaranteed senior securities.

The article reports that investors have reacted favorably to the note and bond auctions of four government debt management agencies in Europe, including Ireland, Spain, Italy and Germany. The National Treasury Management Agency of Ireland was able to raise 1.5 billion Euros with sought-after taps of its 4% Treasury bond due in 2014 and 5% issue due in 2020. According to a fixed income strategist of Unicredit Bank, the outcome contributed to the positive mood in fixed income. Germany was able to sold six billion Euros of bonds.

The article offers information on the bond issued by Irish Life & Permanent Plc on March 3, 2010 worth two billion euros, with issue/re-offer price of 99.68 and maturity date on March 10, 2015.

The article reports on the approval granted by the European Commission (EC) to a revised government guarantee scheme for financial institutions in Ireland on November 2009, provisions of which extend the maximum maturity of issues from two to five years.

The article reveals a lack of interest in bank private placements in Ireland despite the release of details of a guarantee scheme introduced by the Irish government's National Asset Management Agency. Bank of Ireland, for one, issued a 200 million euro 11 month quarterly puttable floating-rate note (FRN) via JPMorgan while Anglo-Irish Bank sold a 100 million euro 11 month puttable FRN also through JPMorgan. French broker HPC, meanwhile, sold a 25 million euro puttable FRN. The scheme cover the redemption of notes maturing before September 2010.

The article reports that a Eu4 billion three year bond for the Republic of Ireland has thrown into stark relief the price peripheral sovereigns have to pay to meet their growing funding needs in these turbulent times. Not only did Ireland pay the price demanded by investors, it increased the fees for lead managers. Ireland was encouraged to issue to get into the market ahead of the expected heavy supply of sovereign and government guaranteed bank paper.

Presents news briefs on covered bonds worldwide as of May 2004. Plan of Dexia Municipal Agency to launch a benchmark obligations foncières deal; Launch of a public sector Pfandbrief by Hypothekenbank in Essen targeted at regional co-operative and savings banks; Preparation of Bank of Ireland for the Irish mortgage asset covered security.

The article reports on the debut sukuk bond deal being planned by the British government. British Prime Minister David Cameron cited possibility of this deal during the 2013 World Islamic Economic Forum (WIEF). It describes potential benefits of this transaction with regard to the entry of Great Britain into the Islamic finance market. Other European countries that have been considering sukuk deals include France and Ireland.

The article focuses on Ireland on it's the bail-out programme. Regulations such as Basel III, the Liquidity Coverage Ratio and market drugs seem to be doing more for peripheral borrowers than the austerity packages that are holding back their economies. Borrowers are picking the ideal moments in which to print new bonds.

The article reports on the 500 million euro bond issue that was launched by Hannover Re on November 13, 2012. The joint bookrunners are Commerzbank, JP Morgan, UniCredit and Société Générale. The geographical distribution of the deal include 30% in Great Britain/Ireland, 19% to France, 3% to Italy and 8% to Switzerland.

The article reports on the safety of Irish senior unsecured creditors from burden-sharing measures because of political opposition at the European level, according to participants in the bond market. Industry analysts agree that senior unsecured debt is untouchable because of the potential to damage banks in other parts of Europe. One hedge fund investor expresses lack of interest to invest in Irish senior debt.

The article discusses the impact of U.S. inflation and Irish debt on the trends in the corporate bond market of the U.S. in November 2010. According to BNP Paribas syndicate banker Jim Turner, the rates of corporate bonds in the country have increased due to the economic problems. He adds that issuers in the U.S. should consider that the reward and risk in the market before they release stock deals.

The article deals with the effect of the uncertainty in the fixed-income growth (FIG) market of Ireland on the performance of banks and financial institutions in European countries in November 2010. It mentions that banks in core European countries performed well while those that are located in peripheral states suffered the declining trend in the market. According to the author, some issuers of FIG showed greater flexibility by widening their levels to be sure that they can continue to access the market as financiers became increasingly risk averse.

The author reflects on the state of sovereign bond spreads in Europe. He cites the assessment of Petros Christodoulou, head of its Public Debt Management Agency, on Greek debt as yields were high. He mentions the worse Greek macroeconomic data released in September 2010 with spreads to Germany becoming wider since May. He also reveals the how Ireland and Portugal are suffering the same fate and suggests that the lessons learned from the previous crisis be suggested to investors.

The article presents information on the syndicated loan transaction of the Governor & Co. of the Bank of Ireland. This was a very quick to market transaction and responded to investors' appetite for safer types of transactions and credits in the current volatile environment. The book built steadily throughout the deal and reached $700m.

The article reports on huge orders received by the Kildare Securities residential mortgage-backed securities (RMBS) of Bank of Ireland (BoI). It mentions that dual currency approach has been opted by BoI subsidiary ICS Building Society despite demands from European investors. Lewis Love, head of asset and liability management of BoI in Dublin, Ireland, says that securitization is a reflection of their capital management process.

Reports on the performance of Ireland's Eurodollar bonds in the sovereign market in February 2005. Reaction of bankers and investors to the size and execution of the bonds; Information on a funding cost achieved by the country; Geographic distribution of the bonds.