The latest Assessment Report from the Fiscal Advisory Council was published today.
Year: 2012
Following this morning’s decision in Karlsruhe, Jean Claude Juncker has announced that the first meeting of the ESM’s Board of Governors will take place on October 8th.
This morning has also seen some fairly large drops in Irish government bond yields. According to the yields calculated by Bloomberg this is most apparent for the three-year and five-year terms. The nine-year has not been as affected.
With the one-year yield estimated at around 1.5% the T-Bill auction announced for tomorrow should be an improvement on July’s issue.
UPDATE: The auction results are here.
The 2012 Article IV Report on Ireland and the Seventh Review of the Extended Arrangement with Ireland are available together in this document.
The IMF has also published a Selected Issues Report on Ireland.
NYRB article here.