Ireland proposes haircuts for Anglo Irish bondholders
Michael Noonan, Ireland's finance minister, on Wednesday said the Irish government planned to impose haircuts on senior bondholders of Anglo Irish Bank, setting the stage for a clash with the European Central Bank (ECB).
In an interview with RTE, an Irish broadcaster, Noonan said he had received the support of the International Monetary Fund to force losses on holders of unsecured senior debt of Anglo Irish Bank, Ireland's most troubled lender. "As far as I'm concerned, [Anglo Irish] is not a
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Luxembourg governor becomes victim of deepfake attack
- BIS predicts AI will be inflationary in long term
- Bank and non-bank links pose systemic risk, NY Fed warns